Overview

• Breaking above the double-bottom neckline at $0.22–$0.23 has propelled POL into a 5–10% uptrend over the past 24 hours.
• The RSI at 68 and positive MACD readings suggest sustained bullish momentum without immediate overbought conditions.
• On-chain data show 16.55 million tokens traded in buy volume versus 15.76 million in sell volume and open interest has risen 13.22% to $118.76 million.
• Traders are targeting near-term resistance at $0.255–$0.265, with $0.30 now in focus if buying pressure persists.
• Analysts warn that aggressive profit-taking by underwater holders could trigger a pullback toward $0.207 if buyers fail to absorb increasing sell orders.