POLUSDT → Rally for liquidity accumulation before the fall?BINANCE:POLUSDT.P is currently inside the trading range forming a counter-trend rally within the global downtrend. There is a rather strong liquidity zone ahead....
The distribution is formed after consolidation inside 0.1929 - 0.175. The realization phase can be stopped in the zone 0.228 - 0.2438. This will be confirmed by a stop and a false breakout.
The market is still weak, despite the local growth of bitcoin, as the flagship on the daily timeframe is still trading in the selling zone and based on the current situation we can conclude that the market is forming a collection of liquidity before the continuation of the fall.
Technically, the current rally in POL may end with a false breakout of 0.2284 or 0.2438 followed by a correction or reversal.
Resistance levels: 0.2284, 0.24388, 0.2465
Support levels: 0.2061, 0.1929.
If the price continues to approach this resistance with such speed, at some point the potential and energy may be exhausted and it will not be enough to continue the movement. In this case, we can catch a correction or even a reversal to continue the global trend.
Regards R. Linda!
POLUSDT trade ideas
Polygon POL ex-MATIC price analysisIs the price of #POL ex-#Matic starting to wake up?
For those who are new to the crypto market, we will remind you that the last time the price of OKX:POLUSDT grew significantly was back in 2020, and since 2021 it has been in a downward trend.
The main task for #POLUSD buyers is to try to fix the price above $0.30.
📈 Only after this condition is met can a difficult and thorny path of growth to $0.66 open up.
There will surely be many people willing to sell #Polygon along the way, after 4+ years of sitting in a drawdown.
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POL USDT SHORT TRADE SETUPTechnical Analysis : POL is approaching a strong resistance level, with a high probability of rejection. Other indicators, such as the 200 EMA, are also creating strong resistance. Additionally, the RSI on the 4-hour timeframe is showing overbought conditions. Based on these factors, there is a high chance of a downtrend.
POLUSDT UPDATEPOL/USDT Technical Setup
Pattern: Falling Wedge Breakout
Current Price: $0.2174
Target Price: $0.35
Target % Gain: 100.83%
Technical Analysis: POL has broken out of a falling wedge on the 1D timeframe with strong bullish candles and volume pickup, signaling a potential 100% upside move toward the $0.35 target.
Time Frame: 1D
Risk Management Tip: Always use proper risk management.
POL (MATIC) Falling Channel BreakoutBINANCE:POLUSDT is attempting a breakout from a nearly 6-months long falling channel. A daily close above the resistance would offer confirmation.
Watch for a potential retest of the resistance as support, as the overbought Daily RSI could signal an imminent pullback.
Key Levels
Aside from the support, these are all good candidates for partial TPs.
• $0.15-$0.17: Bull order block and current support
• $0.30: Previous S/R, 0.236 fib of the move down, and HVN. Will likely offer resistance.
• $0.53: Previous S/R, and 0.618 fib of the move down.
• $0.66-$0.77: Main supply zone, and December 2024 high.
POL (MATIC) LONGCrypto Introduction
POL is a next-generation token that can power a vast ecosystem of ZK-based L2 chains. It does that via a native re-staking protocol that allows POL holders to validate multiple chains and perform multiple roles on each of those chains, turning POL into a hyperproductive token.
Assuming we're in 5th wave of upside impulse targeting to sweep last high.
MATIC CHEAPER PRICES AHEAD Hello traders as we can see Matic has been rejected of the resistance multiple times indicating a struggle to push higher. I believe Matic will fall further and maybe even test that yearly low of
$0.1908C if it breaks this then we could be looking at 0.10C or even lower for MATIC which is a great opportunity to accumulate. For now I am shorting Matic until I see a sign it has bottomed
Polygon (MATIC) is showing strong bullish momentum as we approacWith BTC dominance declining, liquidity is shifting towards altcoins, and MATIC looks primed for a breakout. Key support levels are holding, and technical indicators suggest an upward trend forming. As Layer 2 scaling solutions gain traction, Polygon’s growing ecosystem and partnerships add to its bullish case. A breakout above resistance could trigger a strong rally—are you ready? 🚀🔥 #Polygon #MATIC #Altseason #Crypto #Bullish
POL Breaks Out of Monthly Downtrend, Ending Consolidation Phase.POL has recently emerged from a significant downtrend following an extended period of consolidation. It has successfully surpassed the 0.2200 resistance level that defined this consolidation range and is now working to maintain its position above this threshold. This presents a potential opportunity to enter a long position, with price targets set between the 0.2400 and 0.2500 levels.
POL Analysis: Swing Continuation in PlayPOL's swing continuation remains intact as it touches its lower zone for the third time. This key level reinforces the structure, and we now aim for the next target at the upper zone.
Traders should watch for sustained momentum to confirm the move. However, caution is advised in case of unexpected market shifts.
Follow for more trade insights and updates.
NFA: This is not financial advice—always conduct your own research and manage risk effectively.
Pol bullish Key Observations:
1. Triangle Formation – The price range is narrowing, suggesting liquidity accumulation before a potential breakout.
2. Support and Resistance Levels – The lower trendline acts as support, while the upper trendline serves as resistance.
3. Stochastic Oscillator (at the bottom) – It's in the oversold zone (~10), which may indicate a possible price bounce.
4. Volume (at the bottom) – If volume increases before the breakout, the move will be more reliable.
Possible Scenarios:
Breakout Upwards: If the price breaks above ~0.2496 with strong volume, it could signal a bullish move.
Breakdown Downwards: If the price breaks below the support trendline, further downside may follow.
Polygon Ecosystem 4,300% Potential @10XHere we have several signals related to the candles low and close.
We've been looking at Polygon (POLUSDT) for a long while now and this is a great example of 'patience is key.' Definitely mandatory to have patience. It takes time for the bullish wave to unravel because we are always early, but once the action starts it cannot be stopped. We have the blessing of being able to be around right at the bottom, with plenty of time to plan, buy-up and accumulate. Many people won't be as lucky, they will hear/learn/know about the market only when it is too late or when the bullish wave is halfway.
The last candle closed as a hammer with the highest volume ever. The session low is a higher low compared to the 3-Feb session. A hammer is a reversal signal when it comes at the end of a trend. The high buy-volume confirms the hammer as a bullish reversal signal. Normally, 1-2 weeks are needed for confirmation but we know that will happen next. I don't wait.
The close this week (last week) ended up being higher than the late October 2024 market low. This is another important signal. Twice POLUSDT wicked lower in February, but closed above this level. This level is marked with a purple line on the chart.
As a friendly tip. We are active with high leverage on this pair.
The chart is ready, the market is ready and timing is great.
430% potential with 10X can lead to 4,300%. This is possible and do-able. There will be more of course. Opportunities abound in this market. Crypto is going up. Buy and hold.
Thank you for reading.
Namaste.
Watch closely Expect a movement at any time On the chart you can see the previous
movement how happened
All the points are shown on the chart
I expect a trend on matic that can lead us to see
1$ if we break the of 0.44$
Under 0.44$ the price will swing between 0.28$
to 0.43$ but if we break the resistant of 0.44$
and i do expect it, the target going to be 1$