🛡️📈 $POL forms a strong bottom – is the breakout starting?

Current price: $0.2474 (+4.43%)

Polygon (POL) shows a clear bottom structure on the daily time frame, with accumulation signals at lower levels, enhancing the likelihood of a near-term bullish breakout.

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🔍 Technical Analysis:

-Strong support: $0.232 – $0.24

-Near resistance: $0.255 – $0.263

-RSI at 62 = Positive upward momentum

-Trading volume is increasing, and market sentiment is shifting towards positivity

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⚠️ Potential Risks:

- If buyers fail to absorb selling pressure, we may see a correction towards $0.207

- The market remains volatile, and risk management is essential before entering

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POL
POLUSDT
0.10654
+0.41%

#Polygon #BinanceSquare #Layer2Momentum #AugustSetup