Polygon (POL) dey trade one kain near $0.20 as di bearish momentum still dey strong and dem dey test di support levels.
Polygon get token wey dem call POL don dey show say e weak, e dey trade small small between $0.20 wey be support and $0.26 wey be resistance, after e fall comot from im main moving averages. Before, dem try make e pass $0.26 but e no work, so e just dey solid above $0.20. Latest tori for technical analysis show say people still believe say market go fall, with price bars wey dey under main moving averages and market self no sure wetin e want do because of doji candlesticks. Analysts don warn say if e fall below $0.20 support, e fit still go down to $0.17 or $0.16. But if e continue to solid above dis level, e fit just dey trade for small range for short time. As of latest report, POL price na $0.214, and dem advise traders make dem dey watch dat important $0.20 support zone well well. Overall, market still dey fall unless support levels hold, and e fit dey more shakky if dat zone break. Resistance and support levels from before wey dey higher ($0.27, $0.30) don shift down, wey show say di token technical outlook don spoil.
Bearish
Di two summaries wey dem do show say Polygon im POL token dey under serious down-down pressure, e don fall below important moving averages and e no fit break di $0.26 resistance. Di latest data show say POL dey gather power above $0.20, with technical indicators (like doji candlesticks and flat moving averages) wey dey point to market wey no sure and wey weak. Di low support and resistance levels for di latest report show say di technical outlook dey worse. If di $0.20 support break, e fit fall go $0.17 or $0.16, wey go make am more volatile. Nothing wey fit push am up (bullish catalyst) and di current down-down movement show say POL go likely continue to face pressure to fall for both short and long term, unless dem hold di key support.