Polygon’s local token POL (formerly maticAccording to technical analysis data from Coindesk Research, it has grown nearly 3% in the past 24 hours, surpassing the wider market after the establishment of multiple support zones.
Token climbed from $0.184 to $0.189 with a trading range of $0.0082 (4.28%)According to the model, a constructive volatility pattern is reflected.
The tokens have a solid support base within the corridor of $0.183 to $0.184, and buyers are always on the way. The model shows that outstanding volume activity of up to 597,718 essentially exceeded the average of 189,000, indicating stable institutional participation during the rally and confirms successful penetration of resistance of more than $0.187.
The technical landscape also shows a progressive high and low between 0.1890-$0.1892, indicating the strength of the base support while the overhead resistance lasts about $0.1897, establishing a compressed trading frequency band that reflects the market balance before the potential directional resolution.
Token performance outperforms the broader crypto market Coindesk 20 Indexup about 1.7% during the same period.
The move was launched on July 10, 2025, as of the announcement of Polygon Pos’ consensus layer, Heimdall V2. He is A X post.
