【$POL Signal】Bearish suppression, weak rebound, waiting for a breakdown

$POL 1H timeframe continues to struggle near the lower Bollinger Band, with rebound highs steadily declining. After the 4H MACD death cross, the histogram keeps expanding, and bearish momentum has not yet exhausted. Order book depth shows the sell wall is concentrated in the 0.0898-0.0900 area; although buy orders are thick, they are concentrated at lower levels, with funds supporting but not pushing.

🎯Direction: Wait and observe, follow the move after a breakdown to go short

⚡Entry/Place Order: Go short after the price effectively breaks below 0.0890

🛑Stop Loss: 0.0905

🚀Target 1: 0.0870

🚀Target 2: 0.0850

🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce exposure by 50% and move the stop loss down to the entry level. If the price rebounds to above 0.0895, automatically exit to protect capital.

The current negative funding rate and the price’s gradual downward drift are diverging, so the short-squeeze logic does not hold; it looks more like longs are passively defending. The 1H RSI around 32 is dull, showing characteristics of a bearish continuation rather than an oversold rebound. Open interest is stable, but the price keeps drifting lower, indicating that bears are slowly building an advantage rather than panic selling. Under this structure, the risk of directly chasing shorts is not small, but the rebound strength is too weak to justify going long. The best strategy is to wait for key support to break and then follow the momentum.

Check real-time market 👇 $POL
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