Crypto Assets strong stocks: POL breaks key resistance, BUILDon challenges new highs, strong long positions market continues.

On September 1, the crypto market faced overall pressure as Bitcoin (BTC) fell below $109,000, but some tokens still strengthened against the trend. Among them, POL (formerly MATIC) broke through a key resistance level and stood above the 200-day EMA, while BUILDon rose for the third consecutive day, approaching its historical high. These strong movements indicate that despite capital outflow and a cooling market sentiment, there is still capital seeking breakout opportunities.

POL: Breakthrough 200-day EMA, bullish momentum continues

(Source: Trading View)

Current trend: POL has pumped over 2% today, continuing yesterday’s 8% increase.

Technical Breakthrough:

Breakthrough the 0.2750 USD supply zone

Stand on the 38.2% Fibonacci retracement level of 0.2822 USD (calculated from the high of 0.7685 USD to the low of 0.1519 USD)

Target level: If the daily closes above 0.2822 USD, the next target is the 50% retracement level of 0.3417 USD.

Technical Indicators:

RSI = 64, still has upward space

The MACD broke through the signal line on Saturday, and the green histogram continues to grow.

Downward risk: If it falls below the 200-day EMA ($0.2605) or retests the 50-day EMA ($0.2373).

BUILDon: Challenges historical highs, but be wary of RSI divergence risks

(Source: Trading View)

Current trend: Up for the third consecutive day, with an intraday increase of nearly 1%.

Key position:

Challenge the ascending trend line connecting the peaks on July 13 and August 28.

On August 31, it fell back from the trend line resistance of $0.7414.

Breakthrough condition: If the closing price stands above 0.7414 USD, it will open up space to impact the R1 pivot point at 0.8154 USD.

Technical Indicators:

The MACD green histogram continues to rise, indicating stable bullish momentum.

The RSI is below the overbought boundary, the price is rising but the RSI is flat → potential bearish divergence

Downward risk: If there is a reversal, pay attention to the support at the center pivot point of 0.6408 USD.

Strong bullish market enters price discovery mode

Recent performance: Up for seven consecutive days, setting a new annual high.

Technical target: Bulls targeting R1 pivot point at $15.97

Technical Indicators:

RSI = 70, entering the overbought zone, there may be short-term pullback pressure.

The MACD and signal line continue to rise, and the green histogram expands → bullish momentum continues.

Downside risk: If there is a pullback, it may test the psychological support level of 14.00 USD.

Market Background: Capital Outflow and Risk Tilt

Open Interest (OI):

August 31: 200.34 billion USD

September 1: Dropped to 199.36 billion USD

Interpretation: Capital outflow indicates a decline in overall market risk appetite. Although emerging tokens have seen a pump, the volatility and risk of a fall have increased.

Conclusion

POL, BUILDon and other strong tokens still show bullish resilience under the pressure of the overall market:

POL: Breakthrough 200-day EMA, technical outlook is bullish

BUILDon: Approaching historical highs, but need to guard against RSI divergence.

Strong Bullish: Entering price discovery mode, but overbought pressure is gradually increasing.

For traders, these tokens have the potential for continued short-term increases, but in the context of capital outflows and increased market volatility, strict risk management and monitoring of key price levels will be the key to profitability.