Polygon $ Pol icon is currently trading at $ 0.2136, with a decrease of 1.58 % over the past 24 hours. It is $ 408.9 million and a volume of $ 3.13 million, which is 6.48 %.
Prices of polygamy
Paul trades on a clear and clear direction that becomes more clear on the graph for 4 hours. The price procedure style is that a descending triangle with a support of about $ 0.2108 is offered. As the value of the support is low, it is very likely that the declining direction will continue.
Immediate support is $ 0.2108 tested several times in modern sessions, while the main resistance levels include R1 at $ 0.2311 and R2 at $ 0.2522. A break below the current support can accelerate the sale towards the S1 level at $ 0.1897.
Axial points predict Paul is trading Below the central axis currently S4 (0.1271 dollars) is a pivotal area while R5 (0.3129 dollars) is a relatively long resistance level.
RSI at 48.49 in the middle of the range but the declining trend indicates a simple negative bias. The oscillator has not yet been sold to detect the negative action before it becomes more useful for potential recovery.
The goals of the polygamy price
The collapse of less than $ 0.2108 will allow the POL to decrease to the S1 ($ 0.1897) and possibly S2 ($ 0.1694) soon.
If the price starts from the descending trend line and R1 ($ 0.2311), we may expect the price to rise towards R2 (0.2522 dollars) and R3 ($ 0.2725).
The open interest of the mushroom decreased slightly by 1.18 % to 56.02 million dollars.
What next?
The daily time frame provides a more positive vision for Paul. Although the Pol PRICE has decreased since December 2024, the downward trend does not exceed the descending wedge boundaries that appear to be a bullish pattern that is transferred in most cases to a break.
Also read: Participant founder of Binance He Yi: The interests of users and the platform are completely aligned
