Breakout push at resistance… now the real test begins.
$POL /USDT – LONG (Breakout / Continuation Setup)
Trade Plan
Entry: $0.0920 – $0.0945
SL: $0.0890
TP1: $0.0985
TP2: $0.1050
TP3: $0.1120+ (if momentum expands)
Why This Setup?
4H Structure: Clean breakout above range highs with strong bullish candle. Previous consolidation now acting as support → structure flipped bullish.
Price Positioning: Holding near 24H high ($0.0947) → shows strength, not rejection. Buyers still in control at highs.
MA Context: MA(7) > MA(25) > MA(99) → perfect bullish alignment. Price respecting MA(7) as dynamic support.
RSI Behavior: Momentum likely entering bullish zone (>50) → supports continuation rather than reversal.
Volume Insight: Breakout candle backed by strong volume → indicates real demand, not fake move.
Daily Context: Range breakout attempt. If price sustains above $0.094, next liquidity sits above $0.10 psychological zone.
As long as $0.090–$0.092 holds, breakout structure remains valid for upside continuation.
Debate:
Is this the start of a sustained breakout toward $0.10+…
Or will this turn into a fake breakout and drop back into the range?
Trade $POL here 👇
