Polygon (POL) is facing challenges to maintain support levels, with a 14.36% drop last week. However, analyst Ali Martinez believes there is potential for a bullish reversal. Using the weekly logarithmic chart, Martinez projects a target price of $0.89 for POL, representing a 167% gain, and even suggests a secondary target of $8, indicating a staggering 2,387% increase. The current price of POL is $0.3277, and a breakout above the resistance trendline could release trapped momentum. Though the altcoin will face multiple resistance factors, a broader market recovery could increase the chances of a breakout. A stop loss at $0.28, the 61.80% Fibonacci level, is recommended to manage a possible 15% downside risk.



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