The price of Polygon's Ecosystem Token (POL) has reached its lowest point, hitting $0.224. The cryptocurrency has entered oversold territory and is currently trading near its support level of $0.244. The altcoin will need to hold this support level for an uptrend to begin, with a potential retest of the $0.35 barrier. However, the altcoin is currently trading below the moving average lines on the 4-hour chart, indicating a bearish trend. It is important for buyers to keep the price above the moving average lines for the positive trend to resume. The analysis and forecast provided are the opinions of the author and not a recommendation to buy or sell cryptocurrency.



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