🚀🚀 POL (Polygon) Rehearsing the Turn: Sign of Life or Just Breathing? 🚦🟩
After weeks dormant below $0.20, the POL token finally took a breath — jumping more than 7% today and trading near $0.2195. The market, which has been under constant pressure since June, is now trying to find the bottom of the well… or perhaps the springboard for the next rally?
The recent story is worthy of a crypto soap opera: in July, POL tried to surge above $0.30, but the party was short-lived — sellers appeared, and the token was pulled down, testing the $0.19 region as support. Now, with today's rise, attention turns to the $0.21–$0.22 zone and, mainly, to the dreaded 200-day moving average at $0.2438 — a ceiling that POL hasn't broken for months.
In the daily charts, the RSI at 51 signals room for more breath, while a sequence of green candles injects enthusiasm in short-term traders. However, the weekly indicators still call for caution: Ultimate Oscillator at 42 and negative ROC suggest that the larger bias remains bearish, with the Bull/Bear Power just slightly negative — in other words, the battle remains open.
Summary: If POL breaks and holds above $0.23, it opens the way to test $0.24–$0.25 and, who knows, reverse the tide. But falling below $0.21 could bring back the ghost of $0.18.
🔔 For the quick trader, the current volatility is a feast. For the long-term investor, the trend reversal depends on a decisive movement above the 200-day average. Keep an eye out, as POL is in “wait for signals” mode — but at any moment, the scenario can change!
#Polygon #POL #AnáliseTécnica
