The native token of Polygon, $POL, has been trading within a parallel channel since mid-December 2024, consistently bouncing between the upper and lower boundaries. This trading behavior indicates stability and predictability in the market, with investors closely watching these levels for signs of a breakout or breakdown. The upper resistance at around $0.53 and the lower support at $0.43 are critical levels to monitor. A breakout above $0.53 could signal a bullish trend, while a breakdown below $0.43 could indicate a shift in market sentiment. Traders and investors should stay vigilant and watch for signals of a potential breakout or breakdown as the token remains within this range.



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