#POL Market Analysis
POL/USDT is trading at 0.07734 on the 4h after pulling back from the local high near 0.08400, with price now hovering just above the ascending trendline from the June 11 low at 0.07090 that continues to guide higher lows. The structure remains constructive with the trendline rising into the 0.07650 area, but the recent rejection from 0.08200 has stalled momentum and price is now sitting at an inflection point.
Bull case: hold above 0.07700 and reclaim 0.07900 to extend the recovery toward 0.08100 and a retest of 0.08400. Bear case: lose 0.07650 and break the ascending trendline, exposing downside toward 0.07500 and deeper structure near 0.07320. Watch the 0.07650 to 0.07900 zone closely for the next directional resolution.
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Bitcoin Bullets® Trading
POL/USDT is trading at 0.07734 on the 4h after pulling back from the local high near 0.08400, with price now hovering just above the ascending trendline from the June 11 low at 0.07090 that continues to guide higher lows. The structure remains constructive with the trendline rising into the 0.07650 area, but the recent rejection from 0.08200 has stalled momentum and price is now sitting at an inflection point.
Bull case: hold above 0.07700 and reclaim 0.07900 to extend the recovery toward 0.08100 and a retest of 0.08400. Bear case: lose 0.07650 and break the ascending trendline, exposing downside toward 0.07500 and deeper structure near 0.07320. Watch the 0.07650 to 0.07900 zone closely for the next directional resolution.
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Bitcoin Bullets® Trading
#POL Market Analysis
POL is at 0.09530 on the 4h, easing back down to test the ascending trendline from mid August, right after tagging 0.09800 earlier this week.
Bull case: hold the trendline and reclaim 0.09800, opening a path back toward 0.10600.
Bear case: lose the trendline near 0.09400, exposing a slide toward 0.08700.
Trendline holds, or does the pullback deepen?
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Bitcoin Bullets® Trading
POL is at 0.09530 on the 4h, easing back down to test the ascending trendline from mid August, right after tagging 0.09800 earlier this week.
Bull case: hold the trendline and reclaim 0.09800, opening a path back toward 0.10600.
Bear case: lose the trendline near 0.09400, exposing a slide toward 0.08700.
Trendline holds, or does the pullback deepen?
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Bitcoin Bullets® Trading