Crypto:
34501
Bitcoin:
$103.645
% 0.49
BTC Dominance:
%61.8
% 0.45
Market Cap:
$3.33 T
% 0.96
Fear & Greed:
70 / 100
Bitcoin:
$ 103.645
BTC Dominance:
% 61.8
Market Cap:
$3.33 T

POL Price at Critical Resistance: $0.30 Target or Retreat to FVG Support?

Polygon

POL has reached the $0.257 resistance level following its recent upward momentum, entering a short-term consolidation phase. Market data shows this level hasn’t been breached with sufficient buying volume yet, with analysts anticipating continued tests in the coming days.

Key Levels and Potential Scenarios

Two main scenarios emerge technically: If 0,257$ is broken with strong volume, the rally could extend to 0,30$ potentially signaling complete buyer dominance. Conversely, a rejection from this resistance might see price retreat to the nearest support at the bullish FVG (Fair Value Gap) zone.


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Pol
Pol/Usdt Pair Daily Chart.

Market Dynamics and Broader Outlook

From a wider market perspective, Bitcoin (BTC) and major crypto assets continue to influence POL’s performance. BTC’s direction remains particularly crucial for altcoins. Investors should closely monitor both technical levels and overall market risk sentiment during this period.

For short-term traders, focusing on the $0.30 target if resistance breaks appears reasonable. In a pullback scenario, observing whether the FVG zone holds as support becomes crucial. In both cases, implementing stop-loss strategies remains essential for proper risk management.


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