Polygon: Bulls defend $0.10 demand zone – Can POL rally 15%?

ambcryptoPublicado em 2026-02-04Última atualização em 2026-02-04

Resumo

Polygon (POL) has rebounded from the $0.10 psychological support level, bouncing 15.25% on January 2nd after testing this zone. Despite this positive reaction, the longer-term trend remains bearish, with POL trading within a range of $0.10 to $0.18. The recent milestone of 3 million POL burned in a single day and a total of 25.7 million tokens burned in January did not fully offset the selling pressure from Bitcoin's market influence. The On-Balance Volume (OBV) indicates a balance between buying and selling pressure. For a sustained rally, POL would need to reclaim the $0.1325 supply zone, but this is unlikely unless Bitcoin breaks above its local resistance of $79.4k. Traders are advised to wait for clearer signals, as a bearish reaction at $0.13 could present a selling opportunity, while a reclaim might lead to a rally toward $0.186.

Polygon [POL] has responded positively at the $0.1 psychological demand zone. It tested this area at the beginning of January and then again over the weekend, bouncing 15.25% on Monday, the 2nd of January.

This response was encouraging, but it does not outweigh the longer-term downtrend of POL. The rally in January came alongside an impressive milestone POL burn of 3 million tokens in a single day.

The strong burn rate continued throughout the month. AMBCrypto reported that 25.7 million POL was burned, one of the largest monthly burns.

Yet, the wider market fear due to the selling pressure on Bitcoin [BTC] did not bode well for Polygon bulls.

Is POL bullish or bearish?

On the weekly timeframe, stretching back to December 2024, the altcoin’s trend has been bearish. On the daily chart above, we can see that it is neither bullish nor bearish.

Instead, it seems constrained within the $0.10 and $0.18 levels, forming a range.

For the second time in just over a month, the $0.0987 low was tested and held. The OBV did not make new lows either, showing an equilibrium between sell and buy pressure.

The current bounce came alongside a BTC bounce to $79k on Monday. It is safe to say that Bitcoin will have a major influence on POL price trends and could decide its next impulse move.

Assessing the potential of a POL bounce

The $0.1325 was a support level of some importance in recent weeks. The $0.13 supply zone, highlighted in red, was also a short-term area that could see a reaction from the bears.

Therefore, there is potential that the current POL bounce would extend to $0.1325.

Can it extend the gains? As things stand, this looks unlikely. Bitcoin has a bearish short-term bias until the $79.4k local resistance is breached.

Traders call to action – Wait

Long-term investors would be encouraged by the defense of the $0.1 psychological support, but it is too early to call for a recovery. Swing traders can keep an eye on the $0.13 supply zone.

A bearish reaction would be a selling opportunity. A reclaim of this level could see a rally toward $0.186.


Final Thoughts

  • POL has been oscillating between $0.10 and $0.18 in recent weeks.
  • Unless Bitcoin climbs back above the local resistance, a POL breakout beyond $0.12 and $0.1325 would be unlikely.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.

Criptomoedas em alta

Perguntas relacionadas

QWhat is the key demand zone that Polygon (POL) has defended recently?

APolygon (POL) has defended the $0.10 psychological demand zone.

QWhat significant event accompanied the POL rally in January?

AThe rally in January came alongside an impressive milestone of 3 million POL tokens burned in a single day.

QWhat are the upper and lower bounds of the range that the price of POL has been constrained within?

AThe price of POL has been constrained within the range of $0.10 and $0.18.

QAccording to the article, what is a major factor that will influence POL's price trend and its next impulse move?

ABitcoin (BTC) will have a major influence on POL's price trends and could decide its next impulse move.

QWhat is the suggested action for swing traders regarding the $0.13 supply zone?

ASwing traders should keep an eye on the $0.13 supply zone; a bearish reaction would be a selling opportunity, while a reclaim of this level could see a rally toward $0.186.

Leituras Relacionadas

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

Ray Dalio, founder of Bridgewater Associates, warns in an interview that the current AI boom shows classic bubble characteristics, which could lead to significant economic downturns as seen in past cycles like 1929 or 2000. He explains that speculative enthusiasm, fueled by debt and overvaluation, often precedes a crash when rising rates or taxation force asset sales, causing widespread losses and recession. Dalio also outlines his "Big Cycle" theory, describing an approximate 80-year pattern where widening wealth gaps, massive government deficits, and shifting geopolitical power (like China's rise) create internal conflict and global instability. He emphasizes that we are in a late-cycle, transitional phase where traditional powers like the US and UK face decline. For personal wealth protection, Dalio advises diversification beyond cash into assets like stocks, bonds, real estate, and particularly gold, which he prefers over Bitcoin. While he holds about 1% of his portfolio in Bitcoin as a non-printable hard asset, he views gold as more secure from technological or governmental threats. Regarding AI's impact, Dalio believes it will disproportionately benefit capital owners, worsening inequality by replacing both physical and cognitive labor. He suggests that human intuition and emotional intelligence, combined with AI, will be key for future workers. On taxation, Dalio argues that wealth taxes are impractical and risk triggering asset sell-offs, reducing productive investment. He points to the UK as a cautionary example of debt, low productivity, and political strife. Geopolitically, Dalio foresees a more regionalized world, with the US showing weakness in prolonged conflicts like with Iran, akin to past imperial declines. The ideal outcome, he suggests, is coexisting powerful blocs (e.g., Americas, China-Asia Pacific) without major war.

marsbitHá 3h

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

marsbitHá 3h

Daily 7.2 Trillion KRW: Foreign Capital's Record Net Buying on Friday! Wall Street Says Headwinds for Korean Stock Fund Flows Have Subsided

South Korean stock market sees a dramatic shift in fund flows. On July 31, foreign investors made a record net purchase of approximately KRW 7.2 trillion in KOSPI stocks, marking a fundamental reversal from the persistent large-scale net outflows seen in previous months. This contributed to a significant narrowing of foreign net selling in July to KRW 9.8 trillion, down sharply from KRW 48.4 trillion in June and KRW 44.5 trillion in May. Simultaneously, domestic institutional pressure eased. South Korean pension funds and asset managers turned to a net buying position in July, purchasing KRW 1.0 trillion worth of KOSPI shares, contrasting with net sales in May and June. Market volatility is expected to be dampened by new financial regulations. Effective July 31, the Financial Services Commission tightened access for retail investors to single-stock leveraged ETFs by raising the minimum cash deposit requirement. Trading volumes for these products subsequently dropped to about 50% of their monthly average. Citigroup Research maintains its year-end KOSPI target of 10,000 points. The firm cites several supportive factors: the substantial easing of headwinds from capital outflows, a robust fundamental outlook for the semiconductor sector, historically low market valuations, strong economic fundamentals, and the potential for policy support from financial authorities if needed.

marsbitHá 3h

Daily 7.2 Trillion KRW: Foreign Capital's Record Net Buying on Friday! Wall Street Says Headwinds for Korean Stock Fund Flows Have Subsided

marsbitHá 3h

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

The article discusses using dice rolls to generate secure Bitcoin wallet seeds, providing entropy independent of potentially flawed hardware random number generators. It explains that each fair dice roll offers about 2.585 bits of entropy, with around 50 rolls needed for a standard 12-word seed phrase and 99+ recommended for higher security. This method gained attention after a vulnerability was revealed in some Coldcard hardware wallets, where a faulty firmware RNG (dating back to 2021) compromised generated keys. The analysis notes that while a dice-generated main seed was safe from this specific flaw, other Coldcard functions (like creating paper wallets, backup keys, or passwords) could still be vulnerable if they used the defective RNG. The piece argues that while dice-based entropy is technically robust, the manual process is error-prone, tedious, and unrealistic for most new users, who might make mistakes in recording or inputting rolls. It concludes that while manual entropy generation should remain an option for advanced users, the long-term goal is to develop reliable, user-friendly hardware and software that securely generates randomness without requiring specialized knowledge. Coldcard users are advised to check their firmware version and replace any secondary secrets (like paper wallet keys) created with vulnerable devices, while also considering multi-signature setups with devices from different manufacturers for added security.

cryptonews.ruHá 8h

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

cryptonews.ruHá 8h

Trading

Spot

Artigos em Destaque

Como comprar POL

Bem-vindo à HTX.com!Tornámos a compra de Polygon Ecosystem Token (POL) simples e conveniente.Segue o nosso guia passo a passo para iniciar a tua jornada no mundo das criptos.Passo 1: cria a tua conta HTXUtiliza o teu e-mail ou número de telefone para te inscreveres numa conta gratuita na HTX.Desfruta de um processo de inscrição sem complicações e desbloqueia todas as funcionalidades.Obter a minha contaPasso 2: vai para Comprar Cripto e escolhe o teu método de pagamentoCartão de crédito/débito: usa o teu visa ou mastercard para comprar Polygon Ecosystem Token (POL) instantaneamente.Saldo: usa os fundos da tua conta HTX para transacionar sem problemas.Terceiros: adicionamos métodos de pagamento populares, como Google Pay e Apple Pay, para aumentar a conveniência.P2P: transaciona diretamente com outros utilizadores na HTX.Mercado de balcão (OTC): oferecemos serviços personalizados e taxas de câmbio competitivas para os traders.Passo 3: armazena teu Polygon Ecosystem Token (POL)Depois de comprar o teu Polygon Ecosystem Token (POL), armazena-o na tua conta HTX.Alternativamente, podes enviá-lo para outro lugar através de transferência blockchain ou usá-lo para transacionar outras criptomoedas.Passo 4: transaciona Polygon Ecosystem Token (POL)Transaciona facilmente Polygon Ecosystem Token (POL) no mercado à vista da HTX.Acede simplesmente à tua conta, seleciona o teu par de trading, executa as tuas transações e monitoriza em tempo real.Oferecemos uma experiência de fácil utilização tanto para principiantes como para traders experientes.

312 Visualizações TotaisPublicado em {updateTime}Atualizado em 2026.06.02

Como comprar POL

Discussões

Bem-vindo à Comunidade HTX. Aqui, pode manter-se informado sobre os mais recentes desenvolvimentos da plataforma e obter acesso a análises profissionais de mercado. As opiniões dos utilizadores sobre o preço de POL (POL) são apresentadas abaixo.

活动图片