$POL

Concise, and no-fluff analysis of the POL/USDC 4H chart

📈 Trend & Price Action

•Price has been in a clear downtrend from the peak at 0.2766, grinding down to a low of 0.1637.

•Recently it broke above the mid-range and is currently trading at 0.2001, showing a short-term bullish reversal attempt.

•Price just crossed above the middle Bollinger Band and is testing the upper band — suggesting buyers are stepping in aggressively here.

🪙 Volume

•Noticeable spike in volume on the current move up — this is healthy and confirms that buyers are serious.

•However, overall volume compared to the peak is moderate — suggests it might still be early accumulation and not full-blown breakout yet.

🔮 Indicators

•Bollinger Bands: Price pushing upper band with bands starting to expand — volatility returning. Bullish in short term but extended already.

•MACD: Positive crossover, but MACD is still near zero line — momentum is building but hasn’t exploded yet.

•Stochastic (K/D/J): Overbought territory (>79), which means some short-term cooling might happen soon before continuation.

📊 Levels to Watch

•Resistance: 0.2077, then 0.2326 (upper highs from previous range).

•Support: 0.1880 (middle Bollinger Band) & 0.1756 (lower support zone).

📝 Prediction & Plan

✅ Bias: Short-term bullish while above 0.1880. Medium trend still bearish until above 0.2326.

✅ Likely scenario: Price could test 0.2077, minor pullback if overbought conditions play out, then possible continuation towards 0.23 if volume sustains.

🚫 Caution: If price fails to hold above 0.1880, it could revisit 0.1756–0.16.

📌 Trade Idea

•Long entry: Around 0.190–0.195 if you catch a small dip.

•Target 1: 0.2077

•Target 2: 0.2326

•Stop loss: Below 0.1750

🔷 In short — momentum is improving, bulls are trying to reverse but it’s still early. Overbought indicators suggest you wait for a minor pullback before entering aggressively.