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POL Weekly Update: Since the bottom was initiated, the increase has reached 50%, and it is currently approaching a key monthly high. Interestingly, the price has shown a clear rebound from the long-term downtrend line, indicating a bullish attitude among the bulls in this zone.
The key is whether POL can continue to hold the broken structural support— as long as this support remains stable, the upward momentum is still intact. Looking upward, the quarterly high is set around $0.2964, which offers a potential 172% increase from the current position. Although this target may seem a bit distant, given the current strong technical outlook, it is not an unrealistic hope.