【$POL Signal】Two-way Pending Order Script! 4H Triangle Convergence at the End, 1H Waiting for Direction Choice

$POL The 1H timeframe is oscillating narrowly between 0.1095-0.1115, with the price suppressed below the 1H EMA20(0.1121). Short-term momentum is weak. However, the 4H timeframe is forming a clear symmetrical triangle convergence, with the price reaching the end and about to choose a direction. Open interest(OI) remains stable, not significantly flowing out as the price drops, indicating a standoff between bulls and bears. Market depth shows a sell wall around 0.1107, but there is a thicker accumulation of buy orders below, with 0.1100 being a key psychological level.
🎯Direction: Watch(Two-way Pending Orders)
⚡Breakout Long Entry: Price > 0.1118 (Reason: Breaks above the 1H EMA20 and the upper trendline of the triangle, confirming bullish momentum)
🛑Stop Loss: 0.1095 (Reason: Breaks below the triangle’s lower trendline and recent swing low)
🚀Target 1: 0.1142 (Reason: Previous high resistance level)
🚀Target 2: 0.1170 (Reason: Previous high area on the 4H timeframe)
⚡Pullback Long Entry: Price < 0.1095 (Reason: Precise retest of the triangle’s lower trendline and strong support zone, playing the rebound)
🛑Stop Loss: 0.1080 (Reason: Breaks below recent 4H low support)
🚀Target 1: 0.1118 (Reason: Retest of the triangle’s upper trendline and 1H EMA20)
🚀Target 2: 0.1142 (Reason: Same as breakout target)
🛡Trade Management:
- Position Size Suggestion: Light (Reason: Direction is unclear, belongs to a left-side game, higher risk)
- Execution Strategy: If any pending order is triggered, and the price quickly reverses and breaks through the entry point, exit immediately. After reaching Target 1, reduce position by 50% and move stop loss to the entry point.
Depth Logic: Current market logic indicates “price decline, combined with open interest analysis,” but OI remains stable, not signs of main force unloading, more like a shakeout after bullish liquidation. 1H RSI(40.25) is in a neutral to weak position, with rebound potential. The 4H EMA50(0.1085) is a strong support below. The key is whether the price breaks above 0.1118 or holds at 0.1095, which will determine the next short-term direction.
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