Polygon has shown a bullish structure in the short term, but faces strong resistance at $0.285 and $0.3. The token’s 15% increase over three days and rising trading volume signal activity, but the bearish trend in longer timeframes raises caution for potential investors.
Technical indicators suggest bullish potential with a rising OBV and an RSI nearing neutral. However, the overall bearish sentiment on higher timeframes means that traders should be cautious, particularly around key resistance levels to observe potential market shifts.
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