$POL

Concise, and no-fluff analysis of the POL/USDC 4H chart

📈 Trend & Price Action

‱Price has been in a clear downtrend from the peak at 0.2766, grinding down to a low of 0.1637.

‱Recently it broke above the mid-range and is currently trading at 0.2001, showing a short-term bullish reversal attempt.

‱Price just crossed above the middle Bollinger Band and is testing the upper band — suggesting buyers are stepping in aggressively here.

đŸȘ™ Volume

‱Noticeable spike in volume on the current move up — this is healthy and confirms that buyers are serious.

‱However, overall volume compared to the peak is moderate — suggests it might still be early accumulation and not full-blown breakout yet.

🔼 Indicators

‱Bollinger Bands: Price pushing upper band with bands starting to expand — volatility returning. Bullish in short term but extended already.

‱MACD: Positive crossover, but MACD is still near zero line — momentum is building but hasn’t exploded yet.

‱Stochastic (K/D/J): Overbought territory (>79), which means some short-term cooling might happen soon before continuation.

📊 Levels to Watch

‱Resistance: 0.2077, then 0.2326 (upper highs from previous range).

‱Support: 0.1880 (middle Bollinger Band) & 0.1756 (lower support zone).

📝 Prediction & Plan

✅ Bias: Short-term bullish while above 0.1880. Medium trend still bearish until above 0.2326.

✅ Likely scenario: Price could test 0.2077, minor pullback if overbought conditions play out, then possible continuation towards 0.23 if volume sustains.

đŸš« Caution: If price fails to hold above 0.1880, it could revisit 0.1756–0.16.

📌 Trade Idea

‱Long entry: Around 0.190–0.195 if you catch a small dip.

‱Target 1: 0.2077

‱Target 2: 0.2326

‱Stop loss: Below 0.1750

đŸ”· In short — momentum is improving, bulls are trying to reverse but it’s still early. Overbought indicators suggest you wait for a minor pullback before entering aggressively.