MATIC is lounging at $0.2345 today, wobbling between $0.2425 and $0.2278. Down about –1.8%, but maybe just stretching before flexing its muscle.
The MATIC→POL migration coming up on August 26 has traders holding their breath—RSI shows oversold conditions at 38, signaling potential rebound energy. A bullish engulfing pattern on the weekly chart hints buyers are sneaking back in.
Meanwhile, despite a ~3% dip after SEC ETF rejections, Polygon remains the unsung hero of Ethereum scaling—fast, cheap, gaming-ready, and adopted.
Mood: poised, not panicking.
Watch next: If MATIC holds around $0.23–$0.24, could the POL migration spark a pump?
