$POL — Breakdown Continuation Under Heavy Bear Pressure 🐻
Market just showed its hand. After tapping 0.1119, $POL got hard rejected and immediately started printing lower highs on 30m. Every bullish push is being absorbed by supply, and sellers are camping above 0.1100, hunting liquidity and keeping structure tilted south.
This is not random chop — this is controlled distribution.
🎯 Trade Plan (Short)
Entry Zone: 0.1098 – 0.1112
Stop Loss: 0.1130
Targets:
• TP1: 0.1079
• TP2: 0.1065
• TP3: 0.1054
🧠 Market Logic
• Sharp rejection from 0.1119 = smart money defending highs
• Failure to reclaim 0.1110–0.1120 = bearish structure intact
• Liquidity stacked above = trap zone for late longs
• Momentum = fading on every bounce
As long as price stays below 0.1110–0.1120, downside continuation is favored. First sweep toward 0.1079, then pressure expands into 0.1065 and possibly 0.1054 demand.
Only a strong 30m close above 0.1130 invalidates this thesis and flips bias toward 0.1150. Until then… bears control the battlefield.
🧩 Pro Trader Tips
✔️ Don’t chase — wait for price to come into your entry zone
✔️ Scale partial profits at TP1 and trail risk
✔️ Respect invalidation — no revenge trades
✔️ Trade structure, not emotions
⚔️ Verdict:
is under heavy sell pressure and trading inside a breakdown continuation structure. Until resistance flips into support, rallies are sell opportunities, not bullish signals.