#CryptoTrading. #technicalanalyst #Signal🚥.
📊 Technical analysis $POL /USDT — 15min/1h timeframe
Current price ≈ 0.172232 USDT
+1.04% recently, moderate bounce after pullback from local high ~0.1864, now trading in the middle of the recent range.
Price action & Bollinger Bands (15m/1h):
Price near middle BB (~0.1777), rejected upper BB (~0.1841) at 0.1864.
Lower BB ~0.1703 — current support zone.
Bands slightly expanded then stabilizing — consolidation after earlier strong move.
Volumes:
Current vol ~25.4M — moderate, no significant spike on the bounce.
MA(5) ~80M, MA(10) ~94.5M — volume decreasing overall, typical for range-bound action.
Key indicators:
• MACD — DIF 0.00221, DEA 0.00364, MACD -0.00154, negative histogram shallow and narrowing — bearish momentum weakening, possible bullish crossover soon.
• RSI (6/12/24) ≈ 38.4 / 46.9 / 54.1 — neutral with slight oversold bias on short timeframe, room for upside.
Structure shows correction after prior up-move, now stabilizing around middle BB. Momentum losing downside steam, volume low — classic consolidation phase with potential for mild recovery.
🟢 Long (moderate risk — recovery/bounce play)
Entry: 0.170–0.173 (current or dip to lower BB ~0.170)
TP1: 0.178–0.180
TP2: 0.184–0.186
SL: 0.167–0.168 (break below lower BB)
R/R: ~1:3+
Comment: Decent setup if volume picks up on green candles + MACD histogram turns positive. Higher probability above 0.178.
🔴 Short (moderate risk — range top fade)
Entry: 0.178–0.180 (retest of middle BB or failed bounce)
TP1: 0.172–0.170
TP2: 0.167–0.165
SL: 0.183+
R/R: ~1:3
Comment: Edge on rejection at 0.178–0.180 + volume increase on red candles. Safer while overall range holds.
⚠️ Most likely scenario now
Sideways consolidation in 0.170–0.180 most probable due to contracting momentum, low volume and middle BB resistance.
Mild bounce to 0.178–0.182 possible if MACD flips positive and buyers defend lower BB.
Deeper pullback to 0.165–0.167 only on renewed selling volume.