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- POL has rallied from April lows, now testing the $0.30 resistance.
- RSI and MACD momentum indicators suggest bullish continuation.
- Clearing $0.30 could open the path toward $0.36 in coming weeks.
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Polygon’s native token, POL, has shown a steady recovery since its April lows and is now testing a key resistance level. Traders are closely watching whether POL can break past $0.30, a move that could set the tone for the rest of 2025.
POL Price Rebounds Strongly
After bottoming at $0.15 on April 7, POL has staged an impressive rebound. The token created a higher low in June and broke out of a diagonal resistance, signaling renewed investor confidence. Technical analysis shows POL recently moved beyond a symmetrical triangle pattern and is now retesting it as support — a common setup that often leads to further gains.
Currently, POL is hovering around the $0.30 horizontal zone, a level that previously acted as both support and resistance between late 2024 and early 2025. A decisive breakout above this area would mark the end of POL’s prolonged correction and confirm the start of a bullish reversal.
Indicators Point to Bullish Momentum
Momentum indicators are strengthening POL’s case. The Relative Strength Index (RSI) has climbed above 50, while the MACD is approaching positive territory. Both indicators are trending upward in sync with the price, increasing the likelihood of a breakout.
On the wave count side, POL appears to have completed wave B of an A-B-C corrective structure. If wave C mirrors wave A, the price could rally toward $0.36 before facing another correction.
Outperforming Bitcoin and Ethereum
Altcoins have recently outperformed Bitcoin as BTC’s dominance weakens, and POL is no exception. Against BTC, the token has broken key resistance levels, although it is still battling the 265 satoshi barrier. Against Ethereum, POL also looks promising, having cleared a descending resistance line and now challenging horizontal resistance.
These moves suggest that Polygon could continue to strengthen relative to both major cryptocurrencies in the coming months.
Also Read: How to Bridge BNB Chain to Polygon in 2025: Step-by-Step Guide
If POL secures a clean break above $0.30, the next target lies near $0.36, supported by bullish indicators and positive market sentiment. However, failure to hold support could lead to short-term consolidation before another upward attempt.
With its improving technical setup and relative strength against BTC and ETH, Polygon remains one of the altcoins to watch as the market heads into the final quarter of 2025.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
