Strong Bearish · confidence: 92% · scenarios: 21 / 6 / 73 (bull / neutral / bear)
POL is trading near $0.09226, down 9.18% in 24 hours and 9.62% over 7 days. The model rates the setup as Strong Bearish with 92% confidence, with a 73% probability assigned to the bearish scenario. Still, the 1-hour RSI is oversold, which could allow a short-lived bounce if selling pressure eases.
Polygon (POL) remains under pressure across lower timeframes. The asset is trading around $0.09226, with a market cap and FDV near $980.95 million and 24-hour volume at $75.88 million. POL is about 92.83% below its $1.29 all-time high, while still roughly 36.26% above its $0.06771 all-time low.
Technical picture
- Both 1h and 4h charts show a death cross, with the 50-period SMA below the 200-period SMA.
- The 50-period SMA slope is negative on 1h, 4h, 1d, and 1w, pointing to persistent trend weakness.
- 1h RSI stands at 16.87, an oversold reading that may support a short-term relief bounce.
- 4h RSI at 30.47 and 1d RSI at 37.77 suggest momentum remains weak beyond the very short term.
- On both 1h and 4h, price closed below the lower Bollinger Band, and downside came with volume above the 20-period average.
Levels to watch
On the daily timeframe, the main support zone sits at $0.08743-$0.09460. If that area fails, focus may shift toward $0.08390-$0.08830 and then $0.07015-$0.07521. On the upside, the key daily resistance is $0.09587-$0.10290. Additional 4h resistance zones include $0.09372-$0.09641 and $0.09978-$0.10251.
Broader market context
The wider backdrop does not look especially supportive for altcoins. BTC dominance is 59.47%, both BTC and ETH structures are marked as downtrends, and altcoins versus BTC over 30 days are at -11.49%. POL itself is down 4.38% over the same 30-day period. In that context, any recovery may need a move back above nearby resistance zones, while rejection there could keep the bearish structure intact.
Model probabilities currently stand at 21% bullish, 6% neutral, and 73% bearish. These are scenario estimates based on current data, not guarantees.
Market snapshot
| Price | 0.0923 |
|---|---|
| 24h % | -9.18 |
| 7d % | -9.62 |
| Market cap | 980,949,705 |
| Volume 24h | 75,881,125 |
| Rank | 78 |
Scores
| Technical | 40 |
|---|---|
| Momentum | 43 |
| Trend | 33 |
| Volume | 51 |
| Fundamental | 52 |
| Market strength | 30 |
| Risk | 70 |
| Opportunity | 41 |
Signals
- Death cross / SMA50 below SMA200 (1h, bearish)
- Falling SMA50 (1h, bearish)
- RSI oversold (1h, bullish)
- Price down on rising volume (1h, bearish)
- Bollinger lower breakdown (1h, bearish)
- Death cross / SMA50 below SMA200 (4h, bearish)
- Falling SMA50 (4h, bearish)
- RSI below midpoint (4h, bearish)
- Price down on rising volume (4h, bearish)
- Bollinger lower breakdown (4h, bearish)
- Golden cross / SMA50 above SMA200 (1d, bullish)
- Falling SMA50 (1d, bearish)
Support / resistance
- Major resistance 1: 0.0954 – 0.0966 (1h)
- Resistance 2: 0.0979 – 0.0989 (1h)
- Resistance 3: 0.1002 – 0.1013 (1h)
- Resistance 4: 0.0934 – 0.0947 (1h)
- Resistance 5: 0.1049 – 0.106 (1h)
- Resistance 6: 0.1075 – 0.1084 (1h)
- Resistance 7: 0.1021 – 0.1033 (1h)
- Resistance 8: 0.1062 – 0.1073 (1h)
- Major support 1: 0.0733 – 0.076 (4h)
- Support 2: 0.0756 – 0.0786 (4h)
Market context
| BTC.D | 59.47 |
|---|---|
| BTC 30d % | 7.11 |
| Alt vs BTC 30d | -11.49 |
| BTC structure | downtrend |
| ETH structure | downtrend |
Where to trade
This is informational analysis, not investment advice and not a profit guarantee. Crypto assets are high risk; past data does not guarantee future results.
