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POLUSDT

POL/USDT MACRO SETUP | 1700%+ POTENTIAL IF HTF STRUCTURE HOLDSPOL is currently trading within a major higher-timeframe accumulation zone after a prolonged downtrend from the 2024 highs. Price is building a long-term base inside a falling wedge / descending channel, a structure that often precedes macro trend reversals. Technical Structure • HTF demand holding at $0.13 – $0.10 • Price compression near multi-year lows, indicating seller exhaustion • Falling wedge approaching maturity (bullish reversal pattern) • Macro structure remains valid above 0.097 (HTF close) • A break and acceptance above ~0.17 is required for bullish confirmation Expansion Targets (HTF): $0.286 / $0.435 / $0.704 / $1.20 / $2.00+ This presents a high risk-to-reward positional setup if HTF demand continues to hold and a confirmed breakout occurs with volume. Invalidation: HTF close below $0.097 This analysis is for educational purposes only. Not financial advice. Always do your own research.
Long
by CryptoPatel
POLUSDT - GEARING UP OR GIVING UP?Symbol - POLUSDT POLUSDT is currently trading within a defined range, exhibiting a counter-trend rally amidst a broader downward trend. A significant liquidity zone lies ahead, which may influence price action in the near term. A distribution pattern has emerged following a period of consolidation within the 0.1929 - 0.1750 range. The potential realization phase of this distribution may encounter resistance and possibly halt between 0.2280 and 0.2438, This scenario would be supported by signs of price exhaustion or a false breakout within this zone. Despite the recent local strength observed in Bitcoin, POLUSDT remains fundamentally weak. On the daily timeframe, the asset continues to trade within a broader selling zone, suggesting the market is currently accumulating liquidity in preparation for a potential continuation of the downward movement. From a technical standpoint, the ongoing upward correction may conclude with a false breakout at the resistance levels of either 0.2284 or 0.2438, potentially triggering a retracement or reversal. Key Resistance Levels: 0.2284, 0.2438, 0.2465 Key Support Levels: 0.2061, 0.1929 Should the price approach these resistance levels at the current pace, market momentum may diminish, potentially leading to a corrective phase or even a reversal, in alignment with the prevailing macro trend.
Short
by akshit_official