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$POL 1H 📊
POL is holding a decent recovery structure after the sharp drop to $0.08634. The Supertrend has flipped green at $0.08875, and the price is still above it.
That said, momentum has cooled around $0.0928, so I’d wait for either a clean breakout or a better retest.
Trade Setup
Entry: $0.08980–$0.09030
SL: $0.08850
TP1: $0.09280
TP2: $0.09500
TP3: $0.09900
What I’m watching 👀
The $0.0898–$0.0903 zone is the key near-term support area. If buyers keep defending it, the current higher-low structure stays intact.
The first real hurdle is $0.0928. POL has already been rejected around that area a few times, so a clean 1H close above $0.0928 would be the confirmation I’d want for continuation.
Above that, $0.095 → $0.099 becomes interesting.
If POL loses $0.0885, I’d leave the long setup alone. A deeper move toward the $0.0863 low could come back into play.
Clean play: I like the structure, but I wouldn’t chase at $0.0906. Let it retest support or wait for the $0.0928 breakout.
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$MU