Polygon Approaches Make-Or-Break Point At $0.28 – What Could Happen Next

Polygon (POL) is approaching a critical juncture around the $0.28 mark, where recent momentum meets key ￰0￱ coming sessions could determine if buyers can push past this level for a breakout or if a pullback toward support near $0.26 will set the stage for ￰1￱ Uptrend Faces Resistance At $0.28 GemXBT, in a recent update shared on X, highlighted that Polygon has been trending upward, showing encouraging strength in its recent performance. However, the chart now reveals that the price is approaching a crucial resistance level at $0.28, while finding strong support around $0.26. Related Reading: Last Chance For Polygon As Crypto Analyst Predicts MATIC Price Will Surge Above $1 Again From a technical perspective, the MACD has flashed a bearish crossover, which often signals fading momentum or the possibility of a short-term ￰2￱ development suggests that bulls may need to exert more pressure to sustain the uptrend and push through the $0.28 ￰3￱ to this cautious tone, the RSI is moving downward, indicating weakening buying ￰4￱ the indicator continues to fall, a dip toward the $0.26 support area could be on the cards before any attempt at a fresh rebound.

Interestingly, volume spikes have consistently aligned with price peaks, which signals heightened interest and activity whenever POL approaches key ￰5￱ dynamic underscores the importance of monitoring these technical zones closely, as they could set the stage for either a decisive breakout above resistance or a corrective pullback to retest lower ￰6￱ Decision Point: Rally Continuation Or Healthy Reset? According to OLUWANIFEMI, Polygon is currently trading at $0.2778, marking an impressive 13.82% gain over the last 24 hours, indicating strong ￰7￱ on this, OLUWANIFEMI highlights that the price action is right around the $0.280 resistance zone, which is shaping up to be a critical level for the next ￰8￱ his view, if buyers manage to maintain control and push past this barrier with convincing volume, the setup could pave the way for a further breakout to the ￰9￱ Reading: Polygon Eyes 2x Upsurge From Broadening Wedge Pattern However, he also cautions that not all signals point to immediate ￰10￱ momentum begin to fade, the expert anticipates a healthy pullback toward the $0.260 support region.

A retest of this level, he emphasizes, would not necessarily harm the broader trend but could instead provide the market with room to reset before the next upward ￰11￱ his outlook, the analyst stresses that this makes the current zone particularly important to ￰12￱ Polygon breaks higher or dips into consolidation, he claims sharp traders will be watching closely to position themselves for the next significant move in either ￰13￱ image from Polygon, chart from ￰14￱