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Technical analysis by TheCryptoCity about Symbol POL: Buy recommendation (2/1/2025)

https://sahmeto.com/message/3216212
TheCryptoCity
TheCryptoCity
Rank: 1858
2.5
Buy،Technical،TheCryptoCity

POL/USDT is currently consolidating within the daily FVG after pulling back from its peak. Since early December, the price has remained below the descending trendline, acting as resistance. A breakout above this trendline could trigger bullish momentum, presenting a strong entry opportunity. Key targets are highlighted on the chart.

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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$0.7682
Stop Loss Price
$0.3738
First Support:
$0.4485
First Resistance:
$0.5859
Price at Publish Time:
$0.39439
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