Polygon (POL) Up 30% in One Month — Bulls Eye $0.12

Polygon (POL) has gained nearly 30% over the past month, marking a notable recovery after a challenging period for the token. Despite the recent improvement, POL remains down around 3% since the beginning of 2026, reflecting the selling pressure that affected the token and the broader cryptocurrency market amid geopolitical uncertainty and wider market pullbacks.

With POL now trading around $0.097, the token has recovered significantly from its August levels but remains close to the psychologically important $0.10 mark and a key resistance area just above it. The recent rebound therefore raises the question of whether buyers can extend the recovery or whether POL could consolidate or revisit lower support levels.

Polygon (POL) technical analysis

POLUSD - 1 Day Time Frame

POL is currently trading around $0.097, between immediate support near $0.088 and a key support/resistance area around $0.104. The psychologically significant $0.10 level also makes this broader area particularly important for the token's short-term direction.

POL briefly surged well above $0.10 in late August, reaching approximately $0.127 before experiencing a sharp correction. The token subsequently found support around $0.088 and has since recovered toward the $0.10 area, suggesting that buyers have remained active at lower prices.

A sustained move above $0.10–$0.104 could strengthen the improving technical picture. If POL manages to establish itself above this area, the former resistance could begin acting as support and provide a stronger foundation for another move higher.

Conversely, another rejection around $0.10–$0.104 could leave POL consolidating between $0.088 support and $0.104 resistance. A break below $0.088 would weaken the short-term recovery and could shift attention toward the next support around $0.082. Further weakness could eventually bring the stronger $0.070 support area back into focus.

Polygon (POL) price target

The immediate focus is on whether POL can sustainably break above the $0.10–$0.104 area. Establishing itself above this zone could attract further buyer interest and increase the possibility of another move toward higher levels. The next major upside target would then be the resistance area around $0.120, which played an important role during POL's late-August rally. A sustained breakout above this level could place the recent high around $0.127 back into focus.

On the other hand, failure to overcome $0.10–$0.104 could keep POL within its current range. Losing $0.088 would increase the possibility of a correction toward $0.082, while a deeper decline could shift attention toward the major support around $0.070.

Much of POL's next move could also depend on broader cryptocurrency market sentiment, macroeconomic conditions, regulatory developments and geopolitical factors. For now, $0.10–$0.104 represents the key upside area to watch: a sustained breakout could strengthen the case for a move toward $0.120, while rejection could increase the likelihood of further consolidation or a pullback toward lower support levels.

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