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Wait... look at that wick.
$POL is literally hanging by a thread right now. We’ve been bleeding for months and we just hit that 0.0883 level again. If you look at the daily candles, the bears are trying so hard to push it into the abyss, but the bulls are barely holding the line.
The order book actually looks interesting though. Seeing way more bid volume 65% than asks, so there’s some hidden interest here.
If we don't see a bounce from this 0.09 area soon, it’s probably going to get ugly. But if this support holds, we might finally see a relief rally back toward 0.10.
Just watching for now. One wrong move and this support turns into a heavy ceiling.
Stay safe out there.
#GateSquareAprilPostingChallenge