$POLYX Polygon Eyes 2x Upsurge From Broadening Wedge Pattern
Polygon (MATIC) is setting up for a major move. After a prolonged consolidation phase, the price structure has formed a broadening wedge pattern — a classic setup known for volatile breakouts. Historically, this pattern signals growing investor uncertainty, often leading to explosive moves once a direction is chosen.
Currently, all signs point toward a bullish breakout. Volume has started to build, RSI is ticking upward, and key resistance levels are getting tested. If Polygon manages to break and close above the upper trendline with strong momentum, we could see a potential 2x surge from current levels.
Key factors to watch:
Breakout confirmation above wedge resistance
Sustained volume increase
Support retest holding strong post-breakout
Given MATIC’s previous track record of rapid rallies after periods of tightening ranges, this setup could offer one of the best risk-reward plays for the coming weeks. Traders should keep a close eye — the next leg up might just be starting.
Always DYOR (Do Your Own Research) and manage risk appropriately!