【$POL Signal】Rebound failed, bears continue to exert pressure

$POL 1H level rebound is weak, price is firmly suppressed by EMA20. The 4H level has broken below the lower Bollinger Band, MACD shows a death cross with both lines flat below the zero axis, indicating bearish momentum has not yet exhausted. The order book shows sell orders stacking around 0.0828, with significantly insufficient buy depth, and active selling continues.

Price directly shorts around 0.08276, with support placed above 0.08905. The first target is 0.08693, the second target is 0.08622.

The negative funding rate on the 4H level suggests market sentiment is bearish, but open interest remains stable, with no signs of panic liquidation. The 1H RSI has entered oversold territory, but the price has not stopped falling, indicating a weak downward trend. This market condition requires patience; a reversal of the bearish trend would need a volume-increasing bullish candle for confirmation, which has not appeared yet.

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