📊👀 #POL: Crucial support for Polygon between US$ 0.375 and US$ 0.386!
💡 Technical Analysis:
Polygon (POL) finds vital support between the US$ 0.375 and US$ 0.386 levels. If this zone holds, POL has great potential to reach new highs as resistance ahead looks weak.
🔑 Why does this matter?
1️⃣ Important support zone: Holding above this range may indicate stability and confidence in the price.
2️⃣ Bullish probability: The lack of significant resistance suggests that POL can easily propel itself to new highs. 3️⃣ Chance of recovery: Solid support could be the basis for a stronger upward movement, especially if Bitcoin and other altcoins follow a positive trend.
📈 What to watch:
Trading volume: Observe whether the volume follows the movement, which could confirm support and the continuation of the uptrend.
Market sentiment: The performance of other altcoins, especially Ethereum, which also influences Polygon, could affect the price action.
🌟 Conclusion:
If the support is validated, Polygon could enter an upward trajectory, aiming to test new highs. Keep an eye on the market behavior in the coming sessions.
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