Will the crypto
$POL continue its strong ascent? 🚀
The technical chart shown for crypto
#POLUSDT on the hourly frame displays clear strength in the direction of POL, as the price moves in a well-organized upward path supported by a positive trendline that has proven its effectiveness in multiple tests. Here’s the technical read on the current scene:
Price Action: The price is trading at $0.07913, showing consolidation above the pivot point, with continued buying momentum pushing the price to new levels.
Pivot Point (PP): Located at $0.07655, this is the area where buyers are currently anchored; staying above it confirms the continuation of buying dominance.
Resistance Levels (Bullish Targets): As the ascent continues, the next targets are positioned at $0.07943, then $0.08042, up to the upper target at $0.08155.
Support Levels (Safety Zones): In the event of a correction, key support levels are highlighted at $0.07460, $0.07315, and $0.07139, which intersect with the ascending trendline to form a strong barrier against any pullback.
Share your thoughts, do we see POL maintaining this momentum to break through the next resistance and approach the $0.081 levels, or are we facing a necessary phase for profit-taking? 🧐
#POL #Crypto #Aymonacci #Binance