POL's recent trend has been quite steady. Starting from the last hourly candle, the trading volume has clearly increased, which is usually a sign that the market is about to move.
The key point is that the current upward movement has already broken through the original ascending channel. According to conventional technical analysis logic, it should enter an acceleration phase next. This is also why there is still a chance to chase in at higher levels.
The most important area to watch now is the 0.178-0.188 resistance zone. Once the hourly chart can effectively break through this area and surpass 0.2, reaching that level will no longer be a fantasy. However, during this process, attention must also be paid to trading volume—after all, a volume breakout is the real breakout.
If today's market conditions are strong enough, there is indeed a chance to reach 0.2. Of course, any chase at high levels requires good risk management; one should not only focus on the upside opportunities. What do you all think, do you believe today can meet expectations?
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GateUser-afe07a92
· 15h ago
A breakout with high volume is what counts; don't be fooled by false signals.
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JustHodlIt
· 01-10 07:53
A genuine breakout only occurs with a volume surge. There's nothing wrong with that statement; I'm just worried it might be another false breakout.
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OfflineValidator
· 01-10 07:47
A volume breakout is the real breakout. This wave definitely looks quite interesting.
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ser_we_are_ngmi
· 01-10 07:29
A breakout with high volume is the real deal. If you can get past the 0.178-0.188 threshold, it's a solid move.
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SeasonedInvestor
· 01-10 07:24
The signal of volume breakout is indeed good, but it depends on whether it can really stabilize.
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The 0.2 price level is coming again, feels like it's always just a bit short each time.
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It's brave to chase high, I prefer to wait for a pullback.
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I think the trading volume still needs observation, don't be fooled by the line.
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The technical aspect looks good, but I'm worried about a sharp drop overnight.
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If that resistance zone can't be broken, it's all for nothing. Keep going, brother.
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After saying so much, the key is still risk control, everyone.
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I want to chase, but this wave is a bit fierce. To be safe, I'll stay on the sidelines.
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Every time they say it will break 0.2, but what’s the result?
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Is volume increase a good signal? I don't think so.
POL's recent trend has been quite steady. Starting from the last hourly candle, the trading volume has clearly increased, which is usually a sign that the market is about to move.
The key point is that the current upward movement has already broken through the original ascending channel. According to conventional technical analysis logic, it should enter an acceleration phase next. This is also why there is still a chance to chase in at higher levels.
The most important area to watch now is the 0.178-0.188 resistance zone. Once the hourly chart can effectively break through this area and surpass 0.2, reaching that level will no longer be a fantasy. However, during this process, attention must also be paid to trading volume—after all, a volume breakout is the real breakout.
If today's market conditions are strong enough, there is indeed a chance to reach 0.2. Of course, any chase at high levels requires good risk management; one should not only focus on the upside opportunities. What do you all think, do you believe today can meet expectations?