Will $POL increase further?

After analyzing the chart of Matic (previously POL), and $POL currently, I noticed the following interesting points:

1. ATH: $2.99 in 12/2021

2. ATL: $0.2864 in 11/2024

3. The price increases have similar patterns in POL's past:

+ The most recent increase 1 (January - March 2024): lasted 49 days, total increase of 76%, Vol 23.98M, price from 0.7-1.27

+ The most recent increase 2 (October - November 2023): lasted 27 days, total increase of 87%, Vol 6.64M, price from 0.516-0.965

+ The most recent increase 3 (January - February 2023): lasted 48 days, total increase of 104%, Vol 33.65M, price from 0.75-1.59

+ The furthest increase (from September 2021): Divided into 3 main price increases. First (29 days, 100% increase from 1.06-2.12, Vol 11.68M); Second (17 days, 59.06% increase from 1.5-2.4, Vol 38.45M); Third (23 days, 56%, from 1.835-2.866, Vol 29.95M)

4. Where is this price increase now, has POL entered the distribution phase yet?

Notably: This price increase started from the ATL price, has passed 31 days, total price increase of 135.13%, Vol 9.14M

5. The strongest resistance level nearby:

Price range ~0.9, as this is the range that Matic has tested many times before

6. My assessment:

Because the current price of POL is lower than the average price of POL, and has not reached the peak level of the increase from January - March 2024 (a level that most coins this season have broken), POL may not have truly pumped yet. Drawback: The increase compared to the bottom price is quite high, so a correction may be needed.

P.S. Through my time in the crypto space, I've realized that this is a place where all rules are often broken, so this article aims to provide everyone with a more detailed view. All buying and selling decisions should come from one's own choices. Wish everyone a joyful trading season!