DeFi

Resistance

Polygon (Old)

would

$POL is sitting around $0.08060 right now, moving inside a tight descending channel on the 1-hour chart after cooling off from its recent highs.&nbsp;
Whichever way this <a href="https://www.coingabbar.com/en/price-prediction/polygon-price-prediction-is-matic-ready-to-charge-again" rel="noopener noreferrer nofollow">Polygon price prediction</a> plays out really comes down to which side of the channel gives way first, a question we also explored recently when looking at whether MATIC is ready to make its next move.&nbsp;
A clean break, either up or down, looks set to decide where POL heads next.
<h2 id="span-span-pol-market-snapshot-span-span">POL Market Snapshot</h2>
<div>
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 <tbody>
 <tr>
 <td>Metric</td>
 <td>Value</td>
 </tr>
 <tr>
 <td>Price</td>
 <td>$0.08060</td>
 </tr>
 <tr>
 <td>24h Change</td>
 <td>-0.9%</td>
 </tr>
 <tr>
 <td>Market Cap</td>
 <td>$860.19M</td>
 </tr>
 <tr>
 <td>Futures Volume (24h)</td>
 <td>$38.00M</td>
 </tr>
 <tr>
 <td>Spot Volume (24h)</td>
 <td>$4.99M</td>
 </tr>
 <tr>
 <td>Open Interest</td>
 <td>$54.22M</td>
 </tr>
 <tr>
 <td>Circulating Supply</td>
 <td>10.68B POL</td>
 </tr>
 </tbody>
 </table>
</div>
<h3 id="span-span-polygon-news-today-span-span">Polygon News Today&nbsp;</h3>
<a href="https://x.com/ChangeNOW_io/status/2078809171219055094" rel="noopener noreferrer nofollow">As per ChangeNow on X</a>, POL just picked up wider reach after ChangeNOW confirmed the token is now live on its platform for instant swaps.<img alt="polygon news on x" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/7VQEGKNTFqOCdP8N2Pp1BowIEXku8px69PxD2Ix1.png" width="300" title="polygon news on x">
The listing calls out $POL's role as Polygon's native gas and staking token, the piece that powers payments, stablecoins, real-world asset activity, and DeFi across the network.&nbsp;
Moves like this usually don't shake up price overnight, but they do help liquidity and trading access build up over time, and they add to the broader picture of what's been fueling the surge in Polygon activity lately.&nbsp;
You can track the<a href="https://coinstats.app/coins/polygon-ecosystem-token/" rel="noopener noreferrer nofollow">live POL price</a> as this develops.
<h4>Polygon Liquidation Data</h4>
The liquidation numbers from<a href="https://www.coinglass.com/currencies/POL" rel="noopener noreferrer nofollow">POL market data</a> paint a fairly quiet picture over the shorter timeframes, though a longer-side bias starts to show up over the last day.<img alt="polygon liquidation data" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/NGM8ExqCaST3mkJwuDdaPF2mr6Xgu48nhC75EErm.png" width="300" title="polygon liquidation data">
In the past hour, just $0.48 got liquidated, and it was entirely from longs, with nothing on the short side. The 4-hour window shows the exact same $0.48 figure, again for all longs.&nbsp;
Stretch that to 12 hours and total liquidations climb to $1.14K, with $738.46 coming from longs against $403.08 in shorts.&nbsp;
Over the full 24 hours,<a href="https://www.coinglass.com/liquidations/POL" rel="noopener noreferrer nofollow">POL liquidation data</a> shows $7.82K total, with $7.40K of that from longs and just $415.43 from shorts.&nbsp;
Basically, anyone leveraged long has taken the bulk of the pain over the last day.
<h4>Polygon Technical Analysis</h4>
$POL is currently forming a bearish channel on the 1-hour timeframe, with price coiling between a descending upper boundary and a descending lower one. boundary since the recent pullback kicked off.&nbsp;<img alt="polygon technical analysis" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/zmwJyGO5LHZNrE5zAxMHibHeUmKVjJsVe7oBTUYx.png" width="300" title="polygon technical analysis">
It's a similar squeeze to what we flagged when POL was<a href="https://www.coingabbar.com/en/price-prediction/polygon-price-prediction-pol-trapped-97-below-ath-buyers" rel="noopener noreferrer nofollow"> trapped 97% below ATH</a> and buyers were testing their resolve at lower levels.
If the price breaks above this bearish channel and manages to hold there, the next resistance levels to watch are $0.08212, followed by $0.08338, then $0.08547, and $0.08635 further out if the move keeps carrying through.
If the price instead breaks down out of the channel, POL could find support at $0.07851, and if selling keeps going beyond that, $0.07552 is the next level worth watching.&nbsp;
For a real-time read on where things stand, our<a href="https://www.coingabbar.com/en/price-prediction/polygon-price-prediction-today" rel="noopener noreferrer nofollow">POL price prediction today</a> page tracks this channel battle as it unfolds.
<h5>$POL&nbsp;Support and Resistance Levels</h5>
<div>
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 <tbody>
 <tr>
 <td>Type</td>
 <td>Level</td>
 <td>Note</td>
 </tr>
 <tr>
 <td>Resistance 4</td>
 <td>$0.08635</td>
 <td>Bigger upside target on a strong breakout</td>
 </tr>
 <tr>
 <td>Resistance 3</td>
 <td>$0.08547</td>
 <td>Next resistance above the channel</td>
 </tr>
 <tr>
 <td>Resistance 2</td>
 <td>$0.08338</td>
 <td>Mid resistance if breakout continues</td>
 </tr>
 <tr>
 <td>Resistance 1</td>
 <td>$0.08212</td>
 <td>First resistance on a channel breakout</td>
 </tr>
 <tr>
 <td>Current Price</td>
 <td>$0.08060</td>
 <td>Trading inside the bearish channel</td>
 </tr>
 <tr>
 <td>Support 1</td>
 <td>$0.07851</td>
 <td>First support if channel breaks down</td>
 </tr>
 <tr>
 <td>Support 2</td>
 <td>$0.07552</td>
 <td>Deeper support if selling continues</td>
 </tr>
 </tbody>
 </table>
</div>
<h5>Polygon&nbsp;Risk-Reward Table</h5>
<div>
 <table>
 <colgroup>
 <col width="107">
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 <tbody>
 <tr>
 <td>Case</td>
 <td>Trigger</td>
 <td>Target</td>
 </tr>
 <tr>
 <td>Bull Case</td>
 <td>Breaks above the bearish channel and holds</td>
 <td>Move toward $0.08212, $0.08338, $0.08547, and $0.08635</td>
 </tr>
 <tr>
 <td>Bear Case</td>
 <td>Breaks down out of the channel</td>
 <td>Slide toward $0.07851 and $0.07552</td>
 </tr>
 </tbody>
 </table>
</div>
<h5>Invalidation Level</h5>
This setup tilts bullish if $POL breaks above the bearish channel and holds with a close above $0.08212, which would open the path toward $0.08338 and higher.
On the flip side, a close below the channel and below $0.07851 would knock out the recovery case and shift the focus toward $0.07552, a scenario worth weighing against our longer-range<a href="https://www.coingabbar.com/en/price-prediction/polygon-price-prediction-2026" rel="noopener noreferrer nofollow">Polygon price prediction and 2026</a> outlook.
<h5>Expert View</h5>
As per CoinGabbar market analyst, POL is boxed inside a bearish channel on the 1-hour chart right now, and how this squeeze resolves should set the tone going forward.&nbsp;
A hold above the channel opens up a clear staircase of resistance at $0.08212, $0.08338, $0.08547, and $0.08635, while a breakdown puts $0.07851 and then $0.07552 back in focus.&nbsp;
With POL's role as Polygon's native gas and staking token continuing to expand through moves like this latest exchange listing, the fundamental backdrop stays fairly steady even while the short-term chart works through this indecision.&nbsp;
For a longer-horizon view, our<a href="https://www.coingabbar.com/en/price-prediction/polygon-price-prediction-2028" rel="noopener noreferrer nofollow">price prediction 2028</a> coverage lays out where POL could stand further down the road, and readers tracking the wider ecosystem may also want to see how<a href="https://www.coingabbar.com/en/price-prediction/morpho-price-prediction-raise-175m-paradigm-a16z-ribbit-apollo" rel="noopener noreferrer nofollow">Morpho raised $175M</a> from backers like Paradigm and a16z, since DeFi funding trends like that often ripple across Polygon-based protocols too.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Cryptocurrency markets are highly volatile, and price predictions are not guaranteed. Please do your own research before making any investment decisions.

Polygon Price Prediction: POL Near Channel Breakout

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