According to external sources, the Polygon token POL returned to the vicinity of US$ 0.08 after a recent low rebound, with signs of restoration of short-line movements. The upturn in the buyout and the amplification of the trade made it possible to re-examine the market for a further US$ 0.10.

However, according to the article, POL is still in a wider lower-level structure. The most critical position is between 0.087 and 0.089. It had previously been a support position, which had turned from failure to resistance and had thus become the core area of short-line orientation judgement.

Buying a drive back and forth with the trade

From the text, it appears that POL has broken the previous downward line and has improved short-line kinetic energy. The Supertrend indicator has changed to a high level, with current support areas falling between 0.071 and 0.073.

At the same time, the CVD showed a significant increase, indicating a recent increase in the number of active purchases. The turnover has also been amplified, which supports the rebound of this round.

  • The current price is about $0.079.
  • Critical resistance levels range from 0.087 to 0.089
  • Major support areas 0.071 to 0.073

0.089 dollars above a short line watershed

According to the article, if POL could effectively break the gap of 0.087 to 0.089, the short-line structure would be further improved and the price would have the opportunity to rise to the integer level of $0.10.

If, however, the zone is again blocked, the rebound may slow down, or the price may revert to the 0.071 to 0.073. If this area is broken, the next step is to look at 0.068 to 0.070 and further fall may touch 0.061 to 0.063.

Short-line direction depends on the critical area.

On the whole, the paper considers US$ 0.087 to US$ 0.089 to POL as the most important short-line observation area. Breaking through the region means that the rebound is expected to continue; if prices fall again close to $0.071, empty pressure may increase again.

The core judgement of the article is that, although POL has recovered the signal, it is still dependent on the ability of POL to stand on key resistance bands in the next few trading times, in spite of its previous vulnerability.