$POL Signal】Long - 1H strong breakout, main capital support evident



$POL The 1H chart just completed a volume-driven long candle breakout, with the price stabilizing above the EMA20 (0.1021), showing strong momentum. The 4H chart has already broken through the recent oscillation box top (0.102), indicating a bullish trend. Currently, the price is consolidating at a high level after the breakout, which is a strong correction, waiting for a second upward move.

🎯 Direction: Long (Long)

🎯 Entry/Order: 0.1065 - 0.1070 ( Reason: After the breakout, a pullback to confirm the area, also near the 1H EMA20 dynamic support )

🛑 Stop Loss: 0.1045 ( Reason: Falling below the 1H breakout bullish candle low of 0.10591 and ATR lower band )

🚀 Target 1: 0.1100 ( Reason: Previous high resistance level and psychological round number )

🚀 Target 2: 0.1140 ( Reason: Based on the recent bottom structure’s 1.618 Fibonacci extension level )

🛡️ Trading Management:

- Position suggestion: Light position ( Reason: 1H RSI is overbought, need to guard against short-term pullback risk )

- Execution strategy: After the price reaches 0.1100, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.1070. If the price cannot hold above 0.1070 and falls back, exit all positions.

Deep logic: The key focus is on capital flow. Although the price has risen 12%, open interest (OI) remains stable, with no passive rise caused by short covering, indicating new bullish capital actively entering. Market depth shows heavy sell orders above 0.1071, which is a short-term resistance, but buy orders are dense in the 0.1069-0.1060 range for support. Negative funding rates suggest market sentiment is bearish, but the price remains firm, with potential for short squeeze. The 1H RSI is high at 80, but in a strong trend, it can be seen as a momentum continuation signal.

Trade here 👇 $POL

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