【$POL Signal】Bullish Breakout and Pullback Confirmation
$POL After breaking above the EMA20 on the 4H chart and confirming with a pullback, the buy orders are significantly thicker than the sell orders, indicating institutional support.
🎯 Direction: Long
🎯 Entry: 0.0918 - 0.0920
🛑 Stop Loss: 0.0902 ( Break below previous low and EMA20 support, rigid stop loss )
🚀 Target 1: 0.0950
🚀 Target 2: 0.0975
Market Analysis: Price has already risen above the EMA20(0.0918) and completed a pullback test, which now serves as a key support level. Three consecutive 4H candles closed above 0.0900, confirming the breakout is valid.
Core Logic: The depth imbalance reaches -19.08%, with buy-side depth(Bids) significantly thicker than sell-side asks(Asks), especially in the 0.0918-0.0919 range where a dense buy wall has formed. This is a typical institutional accumulation and support signal.
Funding Rate: -0.0034%, negative, but open interest remains stable. Coupled with the breakout in price, this rules out a purely short squeeze scenario and suggests a healthy bullish trend initiation. RSI at 47.04 remains in the neutral zone, leaving room for further upward movement.
Risk Management: Stop loss set at 0.0902, below the previous low of 0.0900 and EMA20 support, with a clear invalidation point. Risk-reward ratio >1.5, aligning with mathematical advantage.
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【$POL Signal】Bullish Breakout and Pullback Confirmation
$POL After breaking above the EMA20 on the 4H chart and confirming with a pullback, the buy orders are significantly thicker than the sell orders, indicating institutional support.
🎯 Direction: Long
🎯 Entry: 0.0918 - 0.0920
🛑 Stop Loss: 0.0902 ( Break below previous low and EMA20 support, rigid stop loss )
🚀 Target 1: 0.0950
🚀 Target 2: 0.0975
Market Analysis: Price has already risen above the EMA20(0.0918) and completed a pullback test, which now serves as a key support level. Three consecutive 4H candles closed above 0.0900, confirming the breakout is valid.
Core Logic: The depth imbalance reaches -19.08%, with buy-side depth(Bids) significantly thicker than sell-side asks(Asks), especially in the 0.0918-0.0919 range where a dense buy wall has formed. This is a typical institutional accumulation and support signal.
Funding Rate: -0.0034%, negative, but open interest remains stable. Coupled with the breakout in price, this rules out a purely short squeeze scenario and suggests a healthy bullish trend initiation. RSI at 47.04 remains in the neutral zone, leaving room for further upward movement.
Risk Management: Stop loss set at 0.0902, below the previous low of 0.0900 and EMA20 support, with a clear invalidation point. Risk-reward ratio >1.5, aligning with mathematical advantage.
Trade here 👇 $POL
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