📊 POL/USDT – Layer 1/2 currency at a critical turning point
Spot Trading | Binance
Current Statistics:
Price: 0.1320 USD (±0.08%)
Highest/Lowest Price (24 Hours): 0.1409 / 0.1311
Trading Volume (USDT) in 24 Hours: 13.40 million
60 Moving Average: 0.1323 (Upper Resistance)
Key Level: 0.1311 (Recent Support)
📈 Technical Context:
Price is hovering near the 60 moving average – a breakout above it may indicate a change in direction.
Short-term momentum is neutral, but long-term trends remain bearish (Year: -71.48%).
Volume is below the 5 and 10 period averages, indicating a wait for confirmation of the breakout.
🎯 Trading Setup:
Scenario 1 – Buy on upward breakout (if the 60 average is surpassed)
Entry: Above 0.1325 (after confirmation)
Target 1: 0.1380
Target 2: 0.1420
Target 3: 0.1480
Stop Loss: 0.1290
Scenario 2 – Sell on rejection (if the 60 average holds as resistance)
Entry: Below 0.1310 (support break)
Target 1: 0.1270
Target 2: 0.1230
Target 3: 0.1190
Stop Loss: 0.1340
⚠️ Risk Notice:
Low volatility currently; wait for a clear directional signal.
Layer 1/2 currencies may be heavily influenced by market sentiment.
Not financial advice. Use a strict stop loss.
