رؤى ENOFUA GREAT ETUE Gr8grizzy(@Square-Creator-blogger)

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Polygon Struggles with Key Resistance Levels In the past two months, Polygon’s price has consistently remained below the 100-day Exponential Moving Average (EMA), as illustrated by the blue line. This pattern underscores a bearish trend. The most recent significant effort to surpass the 100-day EMA took place on April 9th, but intense selling pressure thwarted this attempt, reinforcing the current bearish outlook.The Ichimoku Baseline, denoted by the red line, serves as a crucial support level. Although the price has approached this baseline multiple times, it has managed to stay above it, signifying solid buying interest at these levels. Trading within the Ichimoku Cloud indicates heightened volatility for Polygon. The lower boundary of the cloud acts as a robust support level. A breakout within the cloud is anticipated to further amplify this volatility, and the 0.618 Fibonacci retracement level within the cloud stands as a pivotal resistance point.A smart contract, a self-executing contract with terms written directly into code, operates on blockchain networks such as Ethereum and Polygon. #PolygonMATIC #PolygonEvolution #PolygonGrowth #PolygonEv #altcoins

Polygon Struggles with Key Resistance Levels
In the past two months, Polygon’s price has consistently remained below the 100-day Exponential Moving Average (EMA), as illustrated by the blue line. This pattern underscores a bearish trend. The most recent significant effort to surpass the 100-day EMA took place on April 9th, but intense selling pressure thwarted this attempt, reinforcing the current bearish outlook.The Ichimoku Baseline, denoted by the red line, serves as a crucial support level. Although the price has approached this baseline multiple times, it has managed to stay above it, signifying solid buying interest at these levels.
Trading within the Ichimoku Cloud indicates heightened volatility for Polygon. The lower boundary of the cloud acts as a robust support level. A breakout within the cloud is anticipated to further amplify this volatility, and the 0.618 Fibonacci retracement level within the cloud stands as a pivotal resistance point.A smart contract, a self-executing contract with terms written directly into code, operates on blockchain networks such as Ethereum and Polygon.
#PolygonMATIC #PolygonEvolution #PolygonGrowth #PolygonEv #altcoins 