$POL is clearly in a short-term downtrend on the 1H timeframe. Price has been making lower highs and lower lows, and every bounce so far has been sold into. The move down from the 0.18–0.186 zone shows strong supply pressure, and buyers have failed to reclaim any key levels.
Right now, price is sitting just above the 0.1578 support, but the reaction is weak. Volume is declining on bounces, which suggests this is consolidation before continuation, not accumulation. As long as $POL stays below the previous breakdown area, downside risk remains higher than upside.
Because of this structure, the higher-probability trade is a short on pullback, not a blind long at support.
Trade Plan
Short Scalp
Entry Zone: 0.1610 – 0.1640
TP1: 0.1550
TP2: 0.1485
Stop Loss: 0.1685
Leverage: 20x – 40x
Margin: 2% – 5%
Risk Management: Take partial at TP1 and trail stop toward entry
Important
This short setup remains valid only while price stays below 0.1685.
A strong reclaim and hold above 0.1685 would invalidate the bearish structure and shift bias.
Short #POL Here 👇
