🚨 Polygon (POL) Faces Bearish Pressure – Key Levels to Watch
Polygon Ecosystem Token (POL) is struggling to gain momentum, trading at $0.3027 (-0.72%) with a market cap of $1.72B and a 24H volume of $282M.
🔻 Trend: Bearish, as price remains below key resistance.
🔺 Resistance: $0.345 – A breakout could signal trend reversal.
🛑 Support: $0.264 – A breakdown may trigger further downside.
📊 Inflation: 5,179% (5.56B new POL added), increasing supply pressure.
POL is far from its ATH of $1.283 and faces challenges due to high inflation. A move above $0.345 could change momentum! Keep an eye on key levels.
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