POL Price Analysis

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.