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Everyone is looking at the big caps but $POL is quietly setting up for something interesting.
We finally found a bottom around 0.081 and the recovery has been pretty consistent since then. It’s currently hovering around 0.093 which is a bit of a sticky area.
Looking at the candles we just had a nice push up but got rejected near 0.096. It’s not a major crash just a bit of profit taking before the next attempt. Volume is actually looking decent compared to the last few weeks of bleeding.
If it can close a daily candle above 0.095 then I think we see 0.10 soon. If not expect it to drift back down to 0.089 to collect more liquidity. I'm keeping an eye on it.
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