POL Price Breakout Alert: Will Bulls Smash Through the $0.26 Ceiling?
Crypto traders, brace yourselves—POL is making moves. After weeks of consolidation, the token just punched through key resistance levels. Now, all eyes are on that stubborn $0.26 barrier.
Can the bulls keep the momentum? Or will this turn into another 'buy the rumor, sell the news' circus? Here's what the charts are screaming:
• Volume spike suggests real buying pressure—not just another algo pump-and-dump.
• RSI flirting with overbought territory, but remember: markets can stay irrational longer than you can stay solvent.
• Liquidity pools above $0.26 look thin—if this breaks, it could run fast.
Meanwhile, the 'smart money' is already placing bets—some degenerate just yolo'd 50 ETH into POL futures. Because nothing says 'sound investment strategy' like leverage trading a mid-cap altcoin, right?
One thing's certain: if POL clears $0.26, the FOMO will be glorious to watch. And if it fails? Well, there's always another token to chase.
Polygon’s native token POL has delivered an impressive rally, surging 50% in recent days from $0.16 to around $0.25. The MOVE comes as traders react to strengthening fundamentals, including robust DeFi inflows and renewed technical momentum. With the token up 3.43% in the last 24 hours and 6.54% over the past week, market participants are asking whether this breakout can extend toward the next resistance zone. If you, too, have a similar query, then this analysis is a must-read for you.
Why is POL’s Price Up Today?
On the catalysts front, Polygon’s DeFi TVL shot up 7% in 30 days to $1.23 billion, driven by QuickSwap (+13.4%) and Polymarket (+30.2%). Net inflows of $123 million show capital rotating into Polygon-based applications, directly increasing POL’s utility demand as a gas token. This strength helped POL outperform sector peers, which averaged just 4.5% gains over the same period.
Leadership clarity also played a role, though with mixed timing. In an August 8 AMA, Polygon CEO Sandeep Nailwal highlighted plans to scale PoS to 5,000 TPS by September/October and expand AggLayer adoption. While these roadmaps reinforce long-term confidence, the token’s recent move appears more closely tied to technical triggers and DeFi growth than delayed AMA impact.
POL Price Analysis
At $0.2533, POL Price has broken above its 7-day SMA at $0.2456 and the Fibonacci 23.6% retracement $0.2464, levels that had capped price action in early August. The MACD histogram flipped positive at +0.00167, and the RSI at 67.4 still suggests room before overbought territory.
Successively, the next upside target is the August 14 swing high at $0.2636, roughly a 3.8% gain from current levels. A stronger push could aim for $0.2824, where prior supply zones align. However, a daily close below $0.245 WOULD invalidate the bullish breakout and expose downside risk toward $0.242 or lower.
That being said, with the market cap at $2.65 billion and 24-hour trading volume at $455 million, liquidity remains strong. Sustained TVL growth above $1.3 billion could further validate bullish momentum.
FAQs
What is POL’s immediate resistance?The next key resistance sits at $0.2636, the August 14 swing high.
What could invalidate the current breakout?A daily close below $0.245 would weaken the bullish case.
What led to MATIC’s price surge?A $123M DeFi inflow into Polygon applications has boosted POL’s utility.
