POL 8H – Triangle Breakdown at Lower TrendlinePOL / TetherUSBINANCE:POLUSDTBKVIPPOL on the 8H timeframe is currently trading around 0.07357 after breaking down sharply through the symmetrical triangle structure that had been compressing price since mid-April, with a descending resistance trendline from the May highs near 0.1040 and a rising support trendline from the April lows near 0.0813. The breakdown from the triangle in early June was aggressive, dropping price from 0.0940 all the way to a wick low near 0.0709 before a partial recovery brought it back to current levels. Price is now sitting directly above the lower rising trendline near 0.0697–0.0709, which is the last visible structural support on this chart. All prior support levels inside the triangle are now overhead resistance. Key Levels To Watch 0.1040 → Prior spike high, major resistance above 0.0920–0.0960 → Descending resistance trendline, major overhead ceiling 0.0880–0.0900 → Prior range support, now resistance 0.0820–0.0840 → Prior support zone, now resistance 0.0756–0.0760 → Horizontal support, now resistance 0.0709–0.0736 → Current area, above lower trendline 0.0697 → Lower trendline support, final structural floor Below 0.0697 → Full breakdown, no visible support below The symmetrical triangle breakdown was a decisive structural event. The lower rising trendline near 0.0697 is now the only remaining structural reference and price is sitting just above it. A hold above the lower trendline near 0.0697 and a recovery back above 0.0756–0.0760 would be the first sign of stabilization and the minimum requirement for any structural shift. A confirmed close below 0.0697 and loss of the lower trendline would push price into new low territory with no visible support below 0.0697. This is the last structural support on this chart. Hold 0.0697 trendline → stabilization possible, recovery needs reclaim of 0.0756. Lose 0.0697 → full breakdown, new lows with no structure below. Structure fully bearish below broken triangle. Recovery only on confirmed reclaim of 0.0756+.