POL/USDT - Trapped in Descending Channel: Bounce or Breakdown?POL / TetherUSBINANCE:POLUSDTCryptoNuclearPOL/USDT on the 3D timeframe is still trading within a medium–to–long term downtrend structure. Since the previous peak, price has consistently formed lower highs and lower lows, confirming strong seller dominance. The current move appears to be a technical rebound from the lower part of the descending channel, with price now trading in the upper half of the channel. --- Pattern & Price Structure Descending Channel (Bearish Continuation Pattern) Price is moving cleanly within a well-defined descending channel, with the upper red trendline acting as dynamic resistance and the lower yellow trendline as dynamic support. Channel Midline as Rejection Zone Price has repeatedly failed near the channel midline (green dashed line), indicating persistent selling pressure. Lower High Structure Recent rebounds have failed to create higher highs, meaning no confirmed trend reversal yet. --- Key Levels Resistance Zones: 0.169 – 0.195 → supply zone & horizontal resistance 0.250 – 0.283 → major resistance & breakout confirmation area 0.375 – 0.445 → upside targets if a strong reversal occurs Support Zones: 0.143 → current minor support 0.110 – 0.098 → strong support (lower channel & demand zone) --- Bullish Scenario The bullish scenario becomes valid only if price breaks and closes decisively above the upper boundary of the descending channel. Additional confirmation if price reclaims 0.195 – 0.250 as new support. Upside targets after a confirmed breakout: Target 1: 0.250 – 0.283 Target 2: 0.375 Extended target: 0.445 – 0.520 As long as price remains inside the channel, any upside move should be considered a relief rally or corrective bounce. --- Bearish Scenario Rejection from the 0.169 – 0.195 resistance zone may lead to continuation of the primary downtrend. A breakdown below 0.143 opens the door for further downside toward: 0.110 0.098 (lower channel & previous swing low) As long as the lower high structure remains intact, bearish continuation remains the higher-probability scenario. --- Conclusion POL/USDT is still in a technically healthy downtrend. The current rebound has not yet met the criteria for a trend reversal and should be treated as a technical bounce within a descending channel. A confirmed channel breakout is the key trigger for any meaningful trend shift. Until then, downside risk remains dominant. #POLUSDT #POL #CryptoAnalysis #Altcoin #DescendingChannel #Downtrend #TechnicalAnalysis #SupportResistance