$POL Polygon's (POL) current price of $0.4148 is showing some signs of recovery after trading within a range of $0.35 to $0.45. While the price recently broke through key resistance at $0.36, momentum is slow, making the sustainability of the rally uncertain.
For investors looking at the potential upside, the immediate resistance level is $0.43, which has already been tested in the recent recovery. A successful breakout past this could push prices toward the $0.46 to $0.50 range, with longer-term targets reaching as high as $0.70 if momentum continues to build.
However, caution is advised, as there’s also the potential for the price to revisit the $0.35 level if bearish pressure persists. Thus, for a buy strategy, entering near $0.36–$0.40 with targets at $0.46–$0.50 seems reasonable, but be prepared for volatility in the short term.
To stay updated, monitor the support level at $0.36 closely for signs of strength.