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【$POL Signal】4H Bearish continuation, 1H Bollinger lower band under pressure
Buy order depth ratio 55% but unable to suppress the price, 4H Bollinger lower band at 0.0900 has been broken once. 1H MACD bearish bars shrinking but no golden cross, sell orders sparse, rebound weak. Sideways trading around 0.0915 with three candles, volume shrunk to 1.7 million.
🎯Direction: Short
⚡Entry/Order: 0.0915 - 0.0922
🛑Stop loss: 0.0931
🚀Target 1: 0.0902
🚀Target 2: 0.0892
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss down to 0.0910. If the price rebounds back to the entry level, exit proactively.
Negative fee rate -0.0043% combined with buy order depth leads, but 4H structure is weaker. Dense selling pressure above 0.0931, RSI 1H at 44.5 shows no bottom divergence, further decline is highly probable. Objectively, around 0.0892, risk-reward ratio is 2:1, worth trying.
View real-time market 👇 $POL
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