😋 1-hour technical analysis for $POL /USDT as of April 29, 2025:

📊 Current Market Overview

Current Price: $0.2389

24-Hour Change: -0.01105%

Intraday High: $0.2438

Intraday Low: $0.2379

📈 Technical Indicators

Moving Averages: The price is currently above the 50-period and 200-period EMAs, indicating a bullish trend.

RSI (14): Approximately 60, suggesting neutral momentum with potential for upward movement.

MACD: The MACD line is above the signal line, indicating bullish momentum. ( $POL USD Bitget Technical Analysis - Investing.com, Technical Analysis of POL / TetherUS (BINANCE: POL USDT)

📌 Key Support and Resistance Levels

Support: $0.2379

Resistance: $0.2438 (POL USDT | Polygon Ecosystem Token to USDT – Binance Spot, POL (prev. MATIC) to USD Chart - )

✅ Conclusion

POL /USDT is currently in a bullish trend on the 1-hour timeframe. The price is above key moving averages, and both RSI and MACD indicate positive momentum. Traders should monitor the support at $0.2379 and resistance at $0.2438 for potential breakout or breakdown scenarios.

$POL