The price of the Polygon Ecosystem Token (POL) has fallen to a low of $0.306, trading at the bottom of its chart. However, the altcoin has shown signs of recovery and is now trading between $0.30 and $0.36. To continue the positive trend, POL needs to break above the resistance at $0.36. If it falls below $0.36, it may drop further to $0.30. Currently, POL is worth $0.329. The altcoin is still in a bearish crossover, indicated by the 21-day SMA being below the 50-day SMA. There are resistance levels at $1.20, $1.30, and $1.40, and support levels at $0.60, $0.40, and $0.30. On the 4-hour chart, POL has started to sell after breaking below the $0.36 support and hitting a new low of $0.30. The altcoin is stabilizing above $0.32, but if the bears break the $0.30 level, the slide will continue. Please note that this analysis and forecast are the personal opinions of the author and should not be considered as investment advice.



Other News from Today