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Price Analysis
Aug 18, 2026
2min read
bySahana Vibhute
forCoinpedia
<img src="https://xpertsstudio.com/wp-content/uploads/2026/08/Polygon-POL-Poised-For-44-Price-Drop-Heres-Why.jpg" alt="Polygon (POL) Price Surges: Can Bulls Break the $0.10 Resistance?” loading=”lazy”>
Polygon’s POL <a href="https://xpertsstudio.com/xst-crypto-is-making-a-comeback-whats-behind-the-50-rally/” title=”XST Crypto Is Making a Comeback: What’s Behind the 50% Rally?”>crypto token has rebounded to about $0.079 after recent lows, with Supertrend flipping bullish, CVD spiking and trading volume rising, though price remains in a broader descending channel. The $0.087–$0.089 zone is the key decision area; a breakout could target $0.10 while rejection risks support at $0.071–$0.073 and a deeper drop to $0.061–$0.063.
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Polygon price has caught the market’s attention after a sharp recovery from its recent lows, with the token now trading around $0.079. The move has pushed POL back toward the $0.08 mark after weeks of weakness, raising fresh questions about whether bulls are finally gaining control of the price action. However, despite the recent momentum, POL is still trading within a broader descending structure. The key resistance zone stands between the current price and a potential move toward the psychological barrier.
With POL price approaching a crucial technical zone, the next few sessions could determine whether bulls can extend the rally and target $0.10.
POL Price Action Shows Early Signs of Recovery
The daily chart shows POL trading within a descending channel, keeping the broader trend bearish. However, the latest rebound from the lower portion of the channel has pushed the price above the short-term descending trendline, indicating that buying pressure is beginning to strengthen.
The Supertrend indicator has also flipped bullish, with support currently forming around the $0.071–$0.073 region. Meanwhile, the CVD has recorded a sharp positive spike, suggesting renewed aggressive buying activity behind the recent move. Trading volume has also picked up, adding further support to the recovery.
However, POL still faces a major hurdle at the $0.087–$0.089 resistance zone, which previously acted as support before turning into resistance. A decisive breakout above this area could strengthen the bullish structure and potentially push POL toward the $0.10 psychological level.
POL Price Outlook: Bulls Eye $0.10
POL’s short-term outlook has improved, but bulls must clear the $0.087–$0.089 resistance to strengthen the recovery. A breakout could push the Polygon price toward the $0.10 psychological level. On the downside, rejection at resistance could pull POL toward $0.071–$0.073, followed by $0.068–$0.070. A deeper correction could expose $0.061–$0.063.
Overall, $0.087–$0.089 remains the key decision zone. A breakout favors $0.10, while a break below $0.071 could revive bearish pressure.
Source: cryptorank.io