Polygon (POL) has declined by 11% in the past 24 hours, pushing its price toward a critical demand zone at $0.90. This level is now a key support, and a breakdown below it could lead to further losses. On-chain metrics show mixed signals: exchange reserves are flattening, suggesting reduced immediate sell pressure, while a drop in withdrawing addresses indicates holders are waiting rather than selling. However, negative inflow trends reflect weak demand. The Stochastic RSI suggests selling pressure may be fading as it nears oversold conditions. The price action at the $0.90 level will likely determine POL's short-term direction—a hold could trigger a rebound, but a break below may intensify bearish momentum.
ambcrypto2026.03.01




