⚡ Polygon (POL) Plunges 6% Amid Inflation Shock! 🚨

📉 POL drops from $0.26 → $0.24 after U.S. inflation spikes! July’s Producer Price Index (PPI) jumps 0.9%, triggering heavy selling across crypto markets.

Why it matters:

💥 Higher inflation → less chance of Fed rate cuts → pressure on risk assets like crypto

📊 Trading volume tripled, showing panic selling

🔑 $0.26 now acts as key resistance – breaking it could push $POL lower

💹 Possible rebound if Fed hints at future rate cuts

Investor Insights:

⚡ Short-term: Expect volatility & profit-taking

⏳ Medium-term: POL may stabilize if inflation cools

💎 Opportunity: Smart traders might find entry near strong support

Market Signal:

This isn’t just a POL move – it’s a macro-driven crypto reaction. Inflation, Fed policy, and market sentiment are now directly shaping price action.

🔗 Stay updated & watch support levels carefully!

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