bullish

Momentum

Polygon

Higher

Four

<ul class="wp-block-list">
 <li>MATIC endured four major crashes, dropping up to 77% before the trend shift.</li>  
 <li>Each recovery failed to reclaim highs, showing distribution into strength.</li>  
 <li>Intraday structure flipped bullish after reclaiming 0.1805 and holding a base.</li> 
</ul>  
Polygon’s price history between 2019 and 2020 was shaped by violent crashes and relentless selling pressure. At the time, confidence in the project was low, and sharp retracements dominated the weekly charts.  
Many early holders experienced 60–77% losses during short windows of volatility. The token’s rapid climbs were often <a href="https://cryptonewsland.com/polygons-matic-breakout-fizzles-price-drops-25/" rel="noopener noreferrer nofollow">followed by steep fades,</a> erasing gains within days. This sequence repeated four times before the structure shifted in 2021.  
<h2 class="wp-block-heading" id="historical-breakdown-phases-and-correction-clusters">Historical Breakdown Phases and Correction Clusters</h2>  
Following the extended rally, CryptoBullet A explained that the structure shifted into its first major correction. MATIC dropped 65.97% from its peak, losing $0.01824 in value over multiple weeks. This correction set the tone for the volatile stretch that followed.  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXd9VeXK7kWewd9Xj3wu9fma6SdeXY1_jZGOmf0LC9XSoSj6PQnuDNUD8LpW1M7dLsW857IiX0Yg1ug9-TytXDCm77Ljb9PkHzHRBKRhH94jH5cnxQkX_JFn_EoqjAMAx4xMP2E7?key=q-ofOT2Q2cj1XerKHWMPMcnF" alt="">
</figure>  
Source: <a href="https://x.com/CryptoBullet1/status/1912863695685689421" rel="noopener noreferrer nofollow">CryptoBullet</a>  
A single-week selloff then erased 73.8%, marking the steepest one-candle loss in the time frame. CryptoBullet highlighted this crash as a reflection of sheer panic, with no support absorption visible in the structure. As the bounce failed, he described another steep crash emerged within a compressed two-week span. MATIC <a href="https://cryptonewsland.com/matic-breakout-indicates-60-upside-potential-can-it-hit-1-40/" rel="noopener noreferrer nofollow">plunged</a> 77.35%, or $0.02266, in what became the fastest retracement of the cycle.  
Once the market bottomed out, a recovery began but was interrupted by a sharp pullback in Q3 2020. That drop cut 64.36% off the MATIC <a href="https://coinmarketcap.com/currencies/polygon/" rel="noopener noreferrer nofollow">price</a>, mirroring earlier drawdowns in scale and candle formation. Across all phases, lower highs followed each rebound. Failed breakout attempts led to deeper fades. The time frame revealed no sustained base-building or consolidation periods during this stretch.  
Each drop broke through key supports. Long-bodied red candles defined the legs down, indicating heavy exits. Even without volume overlays, the structure signaled institutional-level liquidation and weak buy-side commitment.CryptoBullet pointed out that none of the recoveries reclaimed pre-drop highs. Each leg was higher and distributed rather than accumulated, suggesting persistent selling pressure into strength.  
<h2 class="wp-block-heading" id="bullish-intraday-setup-as-matic-clears-0-1805">Bullish Intraday Setup as MATIC Clears 0.1805</h2>  
Following the morning reversal, map out the <a href="https://cryptonewsland.com/polygon-launches-support-program-catalyst-for-matic-price-surge/" rel="noopener noreferrer nofollow">trend’s upward extension.</a> Price broke above 0.1805 and reached the 0.1820 zone before midday. Momentum built steadily without volatility spikes, suggesting strong demand absorption.  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdDTzv9uYBMl1CD8a5GSPxKozQ5471M_4s_tHK-chk0-2aPmKQzeyRdVplBXPytYkCDOHGv33VaGYXoDZqNOJxYoqQzHGySW6mOFv63ybKfKKOk9nj9_g-9jh6BmyEBBvIGHsEFQQ?key=q-ofOT2Q2cj1XerKHWMPMcnF" alt="">
</figure>  
Source: <a href="https://www.tradingview.com/symbols/MATICUSD/" rel="noopener noreferrer nofollow">TradingView</a>  
As the price retraced from session highs, assess the nature of the pullback. After testing 0.1790, a sharp reversal pushed MATIC vertically to 0.1840. This move defined the session’s peak and confirmed trend strength.  
From the intraday structure, confirm a breakout-retest-continuation pattern. The base near 0.1800 held throughout consolidation. Higher highs followed into the close, with no deep dips or failed retests, reinforcing bullish control. 
The post <a href="https://cryptofrontnews.com/polygon-matic-endured-four-brutal-crashes-before-flipping-bullish-above-0-1805/" target="_blank" rel="noopener noreferrer nofollow">Polygon (MATIC) Endured Four Brutal Crashes Before Flipping Bullish Above 0.1805</a> appears on <a href="https://cryptofrontnews.com" target="_blank" rel="noopener noreferrer nofollow">Crypto Front News</a>. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Polygon (MATIC) Endured Four Brutal Crashes Before Flipping Bullish Above 0.1805

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