#Polygon #pol 🔝📈📊🚀🌕🔥⭐️⭐️⭐️⭐️⭐️

POL (formerly MATIC POL) has experienced significant price fluctuations in recent months. In the last week, the coin recorded a slight decline of 3.21%, settling in the current price range between $ 0.22 and $ 0.24. However, expanding the monthly view, POL has seen a significant rebound with an increase of 21.93%. Despite this short-term growth, the coin remains down 23.38% over the last six months, reflecting the broader market volatility.

Technical indicators indicate key levels that could influence the trajectory of POL. The nearest resistance level is at $0.26, with a secondary resistance at $0.28. If the price exceeds these thresholds, it could signal an upward trend. On the support side, levels at $0.21 and $0.19 could provide a safety net against further declines.

The 10-day simple moving average is at $ 0.23, slightly below the 100-day average of $ 0.24, suggesting a cautious short-term outlook. The Relative Strength Index (RSI) stands at 53.70, indicating that the coin is neither overbought nor oversold. Meanwhile, a high stochastic value of 91.17 may suggest potential overbought conditions.

Market observers note that, while the recent monthly gain is promising, the conflicting signals from the technical indicators warrant close attention. POL's ability to surpass resistance levels or maintain above support zones could dictate the tone of its short-term performance.