The price of Polygon Ecosystem Token (POL) is currently trading above the $0.45 support level but below the resistance at $0.55. The altcoin has been in a sideways pattern since December 20, 2024, and is forecasted to fall further to $0.27. The moving average lines indicate a bearish trend, but a break above them would signal a continuation of the uptrend. The resistance levels are set at $1.20, $1.30, and $1.40, while the support levels are at $0.60, $0.40, and $0.30. On the 4-hour chart, Polygon is moving sideways in the downtrend zone, and a decline may occur if it falls below $0.45. This analysis and forecast are the personal opinions of the author and are not a recommendation to buy or sell cryptocurrency. Readers should conduct their own research before investing.



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