$POL /BRL — Slow bleed after losing short-term momentum
Price: R$0.666
24h Move: -2.06%
Intraday Range: High R$0.690 / Low R$0.664
Reason:
Volume remains light and momentum has shifted downward as price slips under the 7MA and 25MA. Buyers failed to hold the mid-range bounce, showing weakening demand on the 15m timeframe.
Key Levels:
Support: R$0.664
Resistance: R$0.670 → R$0.675
Trend: Bearish (short-term)
Trade Idea:
If price holds above R$0.664 and starts closing above the 7MA, then a small recovery toward R$0.670–0.673 is possible.
If support at R$0.664 breaks, then expect continuation toward lower liquidity zones and avoid longs until structure stabilizes.
