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【$POL Signal】Multiple callbacks, after 1H selling pressure releases, watch for 0.1023 support
$POL 1H MACD death cross widens, selling orders clearly smashing the market, latest 1H buy/sell ratio is 0.39, depth imbalance -36.91%. Price retraced to around 0.1037, Bollinger Bands contracted to 0.1031-0.1046, 4H bullish momentum shrinking but moving averages still upward. After bearish momentum diminishes, strong willingness to support at the 0.1023 area below.
🎯Direction: Long (place order)
⚡Entry/Order: 0.10230 - 0.10339
🛑Stop loss: 0.09930
🚀Target 1: 0.10831
🚀Target 2: 0.11131
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back into entry zone, automatically exit to protect principal.
Depth logic: 1H RSI at 53.7, neutral but slightly low; 4H RSI at 62.97, not overbought; MACD bullish momentum shrinking but no death cross; funding rate at 0.005% is normal. Selling pressure is heavily skewed, temporarily suppressing the price, but 4H support near 0.1023 has funds backing. After selling pressure exhausts, going long offers higher cost-performance than chasing shorts.
View real-time market 👇 $POL
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