POLUSDT Bullish🔍 BINANCE:POLUSDT Technical Outlook – May 16 🔍
Bulls are watching the key $0.2390 level! 🔼
If broken, we could see a rally towards $0.2620, then $0.2940, and even $0.3200 if momentum stays strong 🚀
But if price gets rejected... 👀
Watch support at $0.2150 – and if that fails, $0.1900 could be next 🛑
📊 Current zones to watch:
🔴 Resistance: $0.2620 | $0.2940 | $0.3200
🟢 Support: $0.2390 | $0.2150 | $0.1900
POLHO
#POL/USDT#POL
The price is moving in a descending channel on the 4-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.3622
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.3680
First target 0.3819
Second target 0.3964
Third target 0.4121
Fourth target 0.4290