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Foreign media: After rising in volume, POL is testing the 0.082 resistance

Foreign media: After rising in volume, POL is testing the 0.082 resistance

币界网币界网2026/08/18 07:57
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POL has returned to the market’s spotlight. Foreign media reports indicate the token rose about 5% during the day, with its price once again approaching the $0.08 mark. Meanwhile, activity in the derivatives market has markedly heated up, as both futures trading volume and open interest are rising in tandem, showing that trading capital is concentrating on this asset.

Futures trading volume rises to $109 million

The article shows that POL’s futures trading volume surged 333.84% in a single day, reaching $108.97 million; open interest increased by 10.37%, totaling $61.47 million. An uptick in price combined with higher positions usually signals the market is preparing for greater volatility.

However, this type of incremental capital may also amplify short-term fluctuations. If the price fails to break through upper resistance, concentrated leveraged positions could turn into sell-off pressure.

$0.081 to $0.082 becomes the short-term observation range

Foreign media: After rising in volume, POL is testing the 0.082 resistance image 0

Foreign media believe POL is currently testing a resistance zone near a descending trendline, with $0.081 to $0.082 being the short-term key levels. If POL closes above this range on the daily chart, it would suggest a possible change in the structure of continuously lower highs, and buying pressure would be further confirmed.

In terms of market dynamics, this level is not only technical resistance but also a verification point to assess whether new trading capital will remain in the market. If the breakout fails, market sentiment could quickly turn weaker.

First target above is $0.09, then $0.096 and $0.10

According to the article, if POL breaks above $0.082, the next main level to watch is $0.09, which is about 13% higher than the current price. If it continues to hold above $0.09, subsequent targets mentioned are $0.096 and $0.10.

Overall, POL has moved from a relatively calm recovery phase to a high-participation breakout attempt. Whether the price can sustain its rebound will depend primarily on whether the breakout around $0.082 is valid, and whether new positions in the derivatives market will continue to support buying strength.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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