$POL (Polygon Ecosystem Token) Price Update and Trading Strategy here 🔥 🔑👇
Current Price: $0.2442🦋
Timeframe: 2H & 1D⌛
Market Structure📊
👉 $POL Price is in a strong bullish structure with multiple BOS (Break of Structure) confirmations on the 2H chart. A clear CHoCH and sustained higher lows show controlled bullish momentum.
Key Zones & Confluences🔑📉
Support: $0.2286 (prior resistance turned support)
Demand Zone: $0.2286 – $0.2231
Resistance Ahead: $0.26 (supply zone)
1D supply begins at $0.2714, with final resistance at $0.3231 (yellow MA).
Momentum Indicators📊📉
Stochastic RSI: Approaching overbought (87.95 / 79.29 on 2H), showing momentum continuation potential but needs caution.
Daily RSI: Overbought (100/97.29) — look for short-term retracements.
Strategy Insight👨🏫
Currently trading inside higher timeframe premium supply. If we break $0.26 with strong volume, $0.27–$0.32 could be the next macro target.
Current Play🧑🏫
Entry (was): $0.2286✅
Current: $0.2442🦋
Upside Target: $0.2714 → $0.32
Stoploss idea: $0.2215☣️
👨❤️👨Pro Tip: Trail your stop aggressively above $0.252 if we break the current minor resistance. Wait for retest if missed.
Takeaway:🤽♂️
$POL is breaking out of consolidation with conviction. Volume and RSI suggest the move may extend, but patience is key near supply. Let the retest confirm strength before adding.
👨❤️👨"Don’t chase—position for the pullback, profit from the breakout."
⚠️Disclaimer: This is not financial advice. DYOR before investing or trading.
