Polygon (POL) Surges with Polymarket Activity Growth

Amid rising activity on the Polygon-based prediction market, Polymarket, POL has recorded gains of more than 15% over the past week, signaling renewed short-term demand. The token is currently trading around $0.107, holding above the key support zone positioned just above the psychologically significant $0.100 level, which recently acted as a structural floor.

Polygon (POL) technical analysis

POLUSD - 1 Day Time Frame

The $0.100–$0.105 area now represents immediate support, where buyers have previously stepped in to prevent deeper downside continuation. Maintaining price above this zone is crucial for preserving the current recovery structure.

To the upside, the first notable hurdle lies at $0.115, a clear support/resistance (S/R) level on the chart. While this area currently functions as resistance, it previously acted as support in late 2025, increasing its technical relevance. A decisive move above $0.115 would suggest strengthening bullish momentum and could open the path toward the next S/R level at $0.125.

The $0.125 zone becomes particularly important from a structural perspective. Acceptance above this level would mark a shift away from the broader downtrend pattern seen in recent months and potentially invite renewed buy-side liquidity.

Polygon (POL) price target

Beyond $0.125, attention shifts to the $0.140 resistance, a more significant supply zone. A sustained move above $0.140, especially in conjunction with improving broader cryptocurrency market sentiment, could accelerate upside momentum and expose the higher resistance area near $0.180.

However, bullish continuation is not guaranteed. Failure to hold above the $0.100–$0.105 support region could weaken the short-term recovery and lead to renewed consolidation between support and the $0.115 S/R level. Increased market volatility or deteriorating macro conditions could also pressure POL back toward lower support areas.

For now, POL sits at a technically sensitive zone, where price behavior around $0.115 and the stability of the $0.100 support will likely determine whether this recent surge develops into a broader recovery phase or transitions into consolidation.