Quick summary

$POL (the Polygon Ecosystem Token replacing MATIC) has rallied and trades around ~0.2595 USDT. Short-term structure is bullish as price sits above short/medium MAs, but the 1H RSI is elevated — risk of a technical retracement is significant; prefer buying on a disciplined retest or small scale-ins.

Technical

Current price: ~0.2595 USDT.

MA7 ≈ 0.2526, MA25 ≈ 0.2461, MA99 ≈ 0.2423 — price above these MAs indicates short-term bullish bias.

RSI (1H): ~83 — strong momentum but overbought on this timeframe.

Immediate support: 0.242–0.246 (practical SL area) → Stop-loss: 0.229 USDT.

Resistances: 0.263–0.266 (near-term swing high), extension 0.28–0.30 on confirmed breakout with volume.

Market structure & volume

POL is the new native token for Polygon with expanded roles (staking/re-staking, governance across L2s), and it trades with high liquidity on major exchanges; market cap and 24h volumes indicate it’s a large-cap ecosystem token. Monitor exchange volumes and vesting/unlock schedules that may affect flows.

Trading plan

Plan A (conservative): wait for a retest 0.246–0.250, scale in.

Plan B (aggressive): small entry 0.256–0.261 with strict SL.

Stop-loss: 0.229 USDT.

Take-profit: TP1 0.263–0.266, TP2 0.28–0.30 (only if breakout confirmed by volume).

Management: take partial profits at TP1, move SL to breakeven; retain remainder only upon breakout + rising volume.

Overall view

Bull case: holds MA25 and clears 0.266 with volume → 0.28–0.30 next.

Bear case: drop below 0.242 → risk of deeper correction; main risk is a technical pullback given high RSI and rotation.