💰 #POL UPDATE 🚀
POL is trading around 0.07258 inside a descending channel from the 0.09600 highs, with price bouncing from the lower channel support near 0.06860 and attempting to reclaim the 0.07258 horizontal level. The descending trendline continues to cap recovery attempts, now sloping near 0.07600, while the lower channel is converging near 0.06730.
A breakout above the descending trendline near 0.07600 would open the door toward the 0.07800–0.08200 range. Losing 0.07000 on an 8H close risks a retest of the lower channel near 0.06730. Reclaiming 0.07450 would be the first sign that the bounce from the lows has legs.
#POL #Erinacrypto $POL
POL is trading around 0.07258 inside a descending channel from the 0.09600 highs, with price bouncing from the lower channel support near 0.06860 and attempting to reclaim the 0.07258 horizontal level. The descending trendline continues to cap recovery attempts, now sloping near 0.07600, while the lower channel is converging near 0.06730.
A breakout above the descending trendline near 0.07600 would open the door toward the 0.07800–0.08200 range. Losing 0.07000 on an 8H close risks a retest of the lower channel near 0.06730. Reclaiming 0.07450 would be the first sign that the bounce from the lows has legs.
#POL #Erinacrypto $POL