+7.53% for Polygon — strong bounce despite ongoing negative momentum signals

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Polygon jumps 7.53% today to $0.0957

Highlights

Polygon joined the Enterprise Ethereum Alliance to enhance payments infrastructure and institutional adoption, underscoring its growing role in enterprise blockchain initiatives.
In November 2025, Polygon processed over $7 billion in stablecoin peer-to-peer volume and enabled global merchant acceptance via CryptoProcessing by CoinsPaid.
POL trades at $0.0957, below its MA-20, MA-50, and MA-200, with bearish momentum prevailing and key support at $0.0830 and resistance at $0.1167.

Broader payments adoption expands as institutional and retail ties deepen

Polygon has joined the Enterprise Ethereum Alliance to support payments infrastructure and institutional adoption initiatives. The network processed over $7 billion in stablecoin peer-to-peer volume in November 2025 and was integrated by CryptoProcessing by CoinsPaid, enabling global merchant acceptance for POL and USDC transactions. Additionally, Polygon is partnering with Global Blue and Shift4 to enable instant USDC tax refunds for international shoppers at Italian airports during the 2026 Winter Olympics, further highlighting expanding real-world applications.

Negative momentum endures as multiple indicators highlight seller control

On the technical side, POL remains under pressure with prices trading beneath key moving averages. The immediate resistance is defined by the Ichimoku Kijun at $0.1167, while near-term support is anchored by recent lows in the ongoing trading band. Daily chart indicators show persistently negative momentum, as both MACD and ADX remain bearish. Oscillators — including RSI, Commodity Channel Index, and Stochastic RSI — all signal an oversold condition, while Bull/Bear Power suggests sellers are still dominant intraday despite a strong bounce toward session highs.

Downside risks remain elevated amid tight trading range and low breakout odds

In the short term, typical volatility is expected between $0.0830 and $0.1150 over the next five trading days. The odds of a sustained price rise are low, likely under 20%, with consolidation or further downside more probable. The baseline scenario calls for continued sideways movement, capped by resistance and supported by recent lows. A bullish case would require a breakout above $0.1170, while a drop below $0.0830 would expose the asset to deeper retracement.

Anton Kharitonov, analyst at Traders Union, notes that Polygon faces ongoing technical weakness despite recent positive news on adoption and partnerships. He points out the price is suppressed below all key moving averages, while momentum and trend indicators remain bearish. Kharitonov believes that, in the short term, sideways trading or further downside is likely unless resistance at $0.1170 is convincingly broken. "Given oversold conditions but persistent bearish signals, my base case is continued consolidation with a defensive outlook until clear upward momentum emerges."

Previously it was reported that Polygon (POL) continues to face sustained bearish pressure, trading well below its major moving averages with weekly momentum indicators such as RSI and CCI nearing oversold levels, while the MACD and ADX affirm ongoing downside momentum. Despite increased on-chain activity, POL is expected to consolidate within a defined range, with a low probability of reversal and resistance levels capping potential upside.

Source of Data: POL Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.