【$POL Signal】Bid and Ask Orders! 1H Oversold Rebound Play vs 4H Downtrend Confirmation

$POL The 1H timeframe is stabilizing with reduced volume around 0.1060, RSI(1H) reaching 39 into the oversold zone, indicating a technical rebound need. However, the 4H timeframe remains in a downward channel under EMA20(0.1075) resistance, and open interest(OI) remains stable without decrease, suggesting downward momentum has not fully released. Currently at a critical watershed, bulls and bears are about to clash.

🎯Direction: Wait and see(Bid and Ask Orders)

⚡Breakout Long Entry: 0.1078 - 0.1082 (Reason: Valid breakout of 1H EMA20 and 4H candlestick resistance zone, confirming short-term downtrend structure is broken)

⚡Breakdown Short Entry: 0.1054 - 0.1050 (Reason: Break below recent 1H consolidation low and dense trading zone, confirming downtrend continuation and opening downward space)

🛑Long Stop Loss: 0.1050 (Reason: Break below long entry level, structure turns bearish)

🛑Short Stop Loss: 0.1090 (Reason: Break above 4H previous high and EMA20 resistance)

🚀Long Target 1: 0.1103 (Reason: 4H previous high resistance)

🚀Long Target 2: 0.1120 (Reason: Fibonacci 0.5 retracement level)

🚀Short Target 1: 0.1035 (Reason: Previous low support zone)

🚀Short Target 2: 0.1010 (Reason: Daily support level)

🛡️Trading Management:

- Position Size Suggestion: Light position (Reason: Unclear direction, follow breakout/failure strategy, higher risk)

- Execution Strategy: When either buy or sell order is triggered, the opposite order is automatically canceled. After entering a position, if the price moves favorably, move stop-loss to entry price after reaching Target 1 to break even.

Deep Logic: Order book shows heavy sell orders stacked above 0.1063-0.1064, forming immediate resistance. 1H RSI shows a bottom divergence pattern but needs confirmation with a bullish candle. Key focus on open interest(OI) changes: if price rebounds but OI decreases, it’s a trap for longs; if price drops and OI increases, it indicates new short entry. Negative funding rate suggests bears are dominant but may trigger short covering rebounds.

View real-time quotes 👇 $POL

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL