Expert Predicts Polygon (POL) Price Is One Resistance Away From a Big Move – Here’s What the Chart is Saying
Crypto analyst Rand says POL price is stuck just below a major resistance, and traders should be watching the $0.27 mark closely. In a post on X, he hinted that if price can clear that level, things could move “up only” from there.
Polygon spent months in a steady downtrend before breaking above its descending trendline earlier this summer. Since then, the price has been building higher lows, a sign that momentum is shifting.
Right now, it’s pressing against the $0.27 horizontal barrier, which has rejected multiple rallies in the past. If POL price can close above this level and hold, that barrier could flip into support.
If that happens, the chart points to the next targets in the low $0.30s, then the upper $0.30s to low $0.40s. There’s even a longer-term target on the chart up near $1, but that’s much further down the road.
Polygon Support Levels and Range Behavior
For now, POL price is ranging between the $0.27 top and a support shelf in the mid-$0.20s. This lower area has caught every pullback recently.
Below that, there’s stronger support in the upper $0.10s to low $0.20s, the same zone that formed the base for the current range and held through repeated tests earlier in the year.
Since breaking out of the downtrend, Polygon price has been consolidating rather than selling off hard. Each dip is getting bought a bit higher, which adds to the bullish case.
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POL Price Breakout and Breakdown Scenarios
A daily close above $0.27 with solid volume could open the door to a run into the low $0.30s, and possibly higher from there.
If $0.27 holds as resistance, Polygon price will likely keep chopping between its current floor and ceiling while building energy for another try.
But if price loses that lower blue support zone in the upper $0.10s, the bullish structure would be broken and previous lows could come back into play. Traders are keeping an eye on daily closes, volume spikes, and any failed breakouts for clues on what’s next.
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