POL Technical Setup - Potential Breakout Analysis



Looking at POL's current price action, there's an interesting setup forming if we manage to maintain support around the 0.164 level. Break above that and we could see a run up toward 0.26 resistance.

The key here is holding that lower support zone - if the bulls can defend it, the path upward looks pretty clean for range traders. That's roughly a 60% move from the current support to resistance, which isn't bad for a swing.

For anyone watching the POL/USD pair, this might be worth monitoring on the daily and 4-hour timeframes. The volume and momentum will tell us whether this breakout scenario has real legs or fizzles out.

What's everyone else seeing on POL right now? Are you positioned for a breakout or playing it cautiously?
POL-8.2%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
BridgeNomadvip
· 19h ago
ngl the 0.164 support is giving me serious ptsd vibes - seen too many "clean paths" collapse when liquidity fragments. what's the tvl migration pattern looking like? because that 60% move only works if counter-party risk doesn't implode halfway up
Reply0
RektCoastervip
· 20h ago
If you can hold the 0.164 level, there's a chance; otherwise, it's another story.
View OriginalReply0
LeekCuttervip
· 20h ago
0.164 If I can't hold it, I'll just exit directly. I'm really not sure about this move.
View OriginalReply0
DeadTrades_Walkingvip
· 20h ago
0.164, can that support level really hold? It feels like the bears are constantly attacking...
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt