Polygon (POL) has recorded a modest recovery in recent sessions, rising by nearly 5% over the past 24 hours amid a broader uptick across the cryptocurrency market. The move comes despite ongoing macroeconomic uncertainty, including geopolitical tensions and their impact on global financial conditions.

While the recent increase suggests some renewed buying interest, overall market sentiment remains mixed. This raises the question of whether the current move reflects the beginning of a stronger recovery or a temporary rebound within a broader consolidation phase.

Polygon (POL) technical analysis

POLUSD - 1 Day Time Frame

POL is currently trading near $0.10, holding slightly above the immediate $0.098 support level, which has recently acted as a short-term floor. The repeated defense of this area suggests that buyers remain active at lower price levels, helping to stabilize price following earlier declines.

From a technical perspective, the key level to monitor lies near $0.105, which functions as a support/resistance (S/R) zone. This level previously acted as support during late 2025 and early 2026 but has since transitioned into resistance, with price failing to establish sustained acceptance above it since early March 2026.

If buying pressure strengthens and POL manages to secure a move above $0.105, the next area of interest appears near $0.12, where prior price action indicates the presence of supply. A sustained move beyond this level could suggest improving short-term momentum, depending on broader market conditions.

Polygon (POL) price target

If momentum continues to build and POL establishes acceptance above the $0.105 resistance level, the probability of a recovery attempt toward the $0.12 region could increase. Continued strength beyond that level would likely depend on sustained buying activity and supportive market conditions.

Conversely, if buying pressure weakens, POL may continue to trade within its current range. In that scenario, price could oscillate between the nearby resistance and the $0.098 support zone, with a potential move toward the $0.090 level if this support fails to hold.

From a broader perspective, POL appears to be stabilizing after a period of decline. Price behavior around the $0.105 level will likely play an important role in determining whether the current recovery develops into a more sustained upward move or remains part of a wider consolidation structure.

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