🟣 POLYGON (POL): Bullish Rebound Setup — Chart + Trade Plan 🚀

📌 Why POL Could Move Soon

‱ POL recently bounced off key support near the critical $0.135 zone after weekly weakness — a classic technical rebound pattern. RSI has climbed from neutral, showing short-term momentum returning.

‱ Network fundamentals are strong: record token burns (~3M POL/day) driven by high usage, reducing circulating supply and adding structural deflation pressure.

‱ Institutional and strategic narrative strengthening as Polygon infrastructure expands (Open Money Stack, stablecoin integrations, Wyoming stablecoin project).

📈 Trade Setup (Short-Term)

✔ Entry Zone:

➡ $0.135 – $0.142 — tested support plus buy-the-dip range.

✔ First Target:

🎯 $0.146 – $0.150 — initial resistance and short-term breakout zone.

✔ Next Bullish Target:

🚀 $0.165 – $0.180+ — momentum play area if volume picks up.

✔ Stop Loss (Risk Control):

❌ Below $0.125 — invalidates the bounce and raises risk of deeper retest.

💡 Key Things Traders Love Right Now

đŸ”„ High burn + usage = real utility — not just hype.

🔄 Short-term momentum building off strong support.

📊 RSI and moving averages suggest demand stepping in.

📌 Watch These Levels Closely:

‱ $0.146–$0.150 — breakout confirmation zone

‱ $0.165–$0.180 — high-probability next upside cluster

‱ $0.125 — critical downside guard level

👇 Summary:

⚡ Polygon’s network activity and deflation mechanics provide structural support. With smart money already nibbling near a key zone, a breakout above $0.146 could fuel a leg toward $0.18+. Are you entering now or waiting for a confirmed break? Drop your strategy! đŸ’ŹđŸ”„

$POL

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