$POL / USDT — Short-Side Technical Outlook
$POL appears extended following a strong weekly advance and is now showing signs of exhaustion. After approximately a 40% surge, price has moved into consolidation, indicating reduced upside momentum rather than continuation.
Trade Setup (Short):
Entry: 0.171 – 0.173
Stop-Loss: 0.185
Targets: 0.163 → 0.155
Rationale:
Momentum is cooling as price stabilizes below the recent range high. RSI is neutral, suggesting limited immediate upside, while post-rally consolidation often precedes a corrective pullback. Additionally, a notable 20M POL transfer to Binance increases short-term distribution risk, reinforcing the short bias while resistance caps further gains.
#BinanceFeed #CryptoAnalysis #Write2Earn

POLUSDT
Perp
0.1188
+0.32%