$POLY's attempt to breakout from accumulation area today is likely to be rejected. However, it might retrace and completed the Inversed Head and Shoulder pattern. First and second target are the yellow box on chart. If it manages to get to the second target, it's a good sign for longer-term perspective and traders might consider to re-enter the trade upon retracement.
It's obvious what they are trying to do from the chart. The weekly was about to fall out from the falling wedge and strong bearish TK cross about to happen... until Warren Buffett's Berkshire Hathaway publicize the "news" that they are buying Apple stocks so that the sheeps that followed them FOMO-ed in. Still as long as they could not break up from upper line of...
With the mainnet launch, rebranding event and many news coming down the pipeline as usual, and crypto market trend looking positive again, expect it to break out from the bull flag on log scale soon.
Hidden bullish divergence supports the idea.
Target 400k-500k sat on March.