【$POL Signal】Pullback to Long + 1H Oversold Rebound

$POL The 1H timeframe has entered the oversold zone, with the price finding initial support around 0.099 and building a short-term bottom. Although the 4H timeframe is still in a pullback trend, open interest remains stable with no signs of panic selling, and negative funding rates suggest shorts need to pay a cost. The 1-hour RSI has fallen to 38, approaching oversold levels, indicating a technical rebound may be needed. The buy-side order book below is significantly thick, especially in the 0.0993-0.0994 range where large buy orders are accumulated, providing a buffer for the price.

🎯Direction: Long

⚡Entry/Orders: 0.0985 - 0.0995

🛑Stop Loss: 0.0972

🚀Target 1: 0.1020

🚀Target 2: 0.1040

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. The remaining position aims for Target 2 as the final take profit. If the price retraces and breaks below the moving stop loss, exit all positions.

(Order Book Logic: The price is declining but open interest remains stable, which is not typical of main force distribution but more like a long leverage washout. The 1-hour RSI shows early signs of bullish divergence, with weakening downward momentum. Market depth data indicates buy orders are far thicker than sell orders, with strong support below. Coupled with the negative funding rate environment, the cost for short positions increases, creating conditions for a short-term rebound. It is recommended to accumulate in the support zone in batches to seize a technical correction rally. )

Check real-time market 👇 $POL

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