The latest movement of the $POL token towards some essential areas of support has long been monitored by the members of the community @DAO Labs in the #SocialMining #PolygonHub . Deficient market conditions are weighing on the price structure that declines further, with the price staying on the back burner and with the asset exploring lower probable reversal zones.
The violation of the precedent support was a very important moment of shifting the sentiments. Since, $POL has not been able to find the volume required to build a credible foundation, therefore, the chances of subjugation to greater flourishing to green-colored historically reactive points are higher. Social Miners (in particular those in the DAO Labs ecosystem) frequently take the view, it is not only the risk signal but a possible accumulation point, albeit assuming the rest of the market is not under stress.
Mainly in structural terms, the absence of bull power poses downside probabilities with no volume reintroduction until a macro rebound or project-level catalysts. In the event that buyers are able to recover, they may still aim to point higher in the orange zone which was plotted in the recent technical analyses. But then this is not a sure one.
Those who participate in the #SocialMining Polygon Hub actively pay attention to the price action as well as the sentiment. Such an environment needs risk-managed thinking and more of a gradual accumulation approach as opposed to being reactive in their trading. Setting structure and community feedback as the reference points of analysis, the contributors in the DAO Labs community explain why decentralized work in research and carrying out such work may stay calm even at the points of correction.
