What are the current support and resistance levels for Polygon?
7/31/2025 05:39pm
The current support and resistance levels for Polygon (MATIC) are as follows:
1. **Support Level**: The key support level for MATIC is around $0.4, which has been observed as a rebound point in recent lows.
2. **Resistance Level**: The resistance level to watch is $0.48, which aligns with previous highs.
Additionally, the Bollinger Bands analysis suggests that MATIC is trading near $0.35 support with RSI at 38, indicating potential oversold conditions approaching. The 50-day moving average of MATIC is currently at $0.3, which is equal to its 200-day moving average, suggesting a potential for price movement towards these averages.