• POL posts a 1.08% daily gain and a 5.33% weekly gain.
• POL is trading at $0.2451, facing resistance near $0.25–$0.26.
• Bollinger Bands suggest steady volatility with a limited breakout.
• Momentum remains mildly bullish, but consolidation prevails.

POL (prev. MATIC) is showing resilience against the broader bearish market trend. In the last 24 hours, the token gained 1.08%, while its weekly performance stands stronger with a 5.33% surge. Despite subdued market conditions, the asset continues to maintain positive ground.

At the time of writing, the token is trading at $0.2446, with a 24-hour trading volume of $300.28 million, a sharp increase of 78.02%. Its market capitalization remains firm at $2.56 billion, showing stable valuation despite the decline in trading activity.

POL Bollinger Bands outline trading range

POL sits near the upper boundary of its consolidation range. For weeks, price action has fluctuated between $0.22 and $0.25, suggesting accumulation after earlier volatility. Sellers remain active around the $0.25 to $0.26 zone, creating a short-term ceiling for further growth. A decisive break above this level will be crucial for POL to maintain its positive trajectory.

Technical indicators highlight a balanced but cautious outlook. The Bollinger Bands set the upper limit at $0.2745, the middle 20-day SMA at $0.2207, and the lower band at $0.1668. POL is holding above the middle band, reflecting mild bullish pressure.

The moderate width of the bands signals controlled volatility rather than extreme swings. Resistance at $0.25–$0.26 remains the immediate test. Clearing this level could create room for a move toward $0.27, while failure may drag the price back to $0.22. Stronger support sits at $0.2207, with deeper support near $0.167. This structure shows the token balancing between bullish accumulation and cautious resistance.

Also Read: POL Price Analysis: Breakout Signals Push Toward $0.5500 Target

RSI and MACD Point to Mild Bullish Momentum

Momentum indicators provide more clarity on the current trend. The Relative Strength Index (RSI) stands at 53.87, just above neutral territory. This suggests buyers hold a slight edge, but the flattening trend between 50 and 55 highlights consolidation rather than a strong bullish drive.

The MACD reinforces this outlook with a mild bullish crossover. The MACD line at 0.00538 is above the signal line at 0.00414, and the histogram is also green, a signal for positive momentum. But the gap closing between the two lines means momentum fading. A bearish crossover might form if the lines meet, and this would drive POL into a short-term pullback.

Overall, POL is within a sideways-to-bullish trend. A clear breakout above $0.26 might spark a rally towards $0.27–$0.30. A failure to break higher might instead attract sell pressure and direct the price towards $0.22 support. The next direction will be highly dependent upon the behavior of RSI and MACD in tandem with price action in the region of resistance.

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