Why Polygon (POL) Price Is Rising Today—How High Can It Go Next?

Why Polygon (POL) Price Is Rising Today—How High Can It Go Next?

Why Polygon (POL) Price Is Rising Today—How High Can It Go Next?

Polygon’s POL price

The POL price rebounded from the lows at 0 FIB at $0.098 and surged magnificently to reach 0.236 FIB, where it faced resistance. The RSI has entered the overbought zone while not showing signs of a pullback. This suggests the bullish momentum remains intact despite facing some resistance. On the other hand, the accumulation/distribution level displays a V-shape recovery that indicates the accumulation has begun aggressively, ending the distribution. The volume is in bullish favour, which has increased notably; hence, the POL price is primed to maintain a healthy upswing. 

Here’s What Traders Should Watch Next!

Polygon’s POL price upside depends on how the price reacts at key resistance zones, with momentum currently favoring continuation as long as structure holds.

  • Near-term target: $0.15–$0.16: This is the first major resistance zone where sellers previously stepped in. A clean break and hold above this level could trigger follow-through buying.
  • Next upside target: $0.20–$0.22: A psychological and structural level. Reclaiming this zone would signal a broader trend shift and attract momentum and breakout traders.
  • Extended bullish target: $0.25–$0.28: This area aligns with higher-timeframe supply. POL would need sustained volume and a supportive market environment to reach this zone.
  • Bearish invalidation level: $0.11–$0.12: A breakdown below this support would weaken the bullish structure and increase the risk of a deeper pullback.

For traders, these levels should be treated as reaction zones, not guaranteed targets. Volume behavior and price acceptance at each level will determine whether POL consolidates, extends, or rejects.

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