Is POLSUSD About to Reverse? Key Levels to Watch Now!
Yello, Paradisers! Are we on the brink of a significant reversal for POLSUSDT? 🚀 Let's dive into the latest analysis to understand what's at stake and how to navigate the potential moves ahead.
💎POLSUSDT has been following a resistive trendline and recently formed a W pattern, increasing the probability of a bullish reversal. However, we need more than just a pattern to confirm the move.
💎For a confirmed bullish move, we need a proper breakout of both the resistive trendline and the resistance zone.
💎If there's a pullback, we can expect a bounce from the support zone. Confirmation will come from an I-CHoCH (Internal Change of Character) indicating a shift towards a bullish market structure.
💎If the price breaks down and closes candle below the support zone, it will invalidate our bullish scenario. In this case, patience is crucial, and we should wait for a more favorable price action to develop.
Remember, Paradisers, trading is about discipline and patience. Wait for clear signals before making your move. Stay focused and play it smart!