Polygon price forecast: Support test after major vulnerabilities patched

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Polygon drops 7.6% today to $0.0957

Highlights

Polygon Labs implemented Austin and Kyoto hard forks to resolve critical denial-of-service vulnerabilities and a validator bug on its proof-of-stake network.
Mainnet upgrades occurred before disclosure, avoiding reported exploits and limiting reputational risk, with node operators required to update to new versions for enhanced security.
POL/USD trades below near-term moving averages and remains in a bearish momentum setup, with price at $0.0957 and an expected trading range of $0.0885 to $0.106.

Security upgrades mitigate risks as price faces selling pressure

Polygon Labs disclosed that it had patched significant security vulnerabilities within its proof-of-stake network, implementing the Austin and Kyoto hard forks to address denial-of-service risks and a validator bug, according to Coin Turk. The upgrades were activated on the mainnet ahead of public disclosure, and the absence of exploitation reports mitigated reputational risk to the protocol. Node operators must now upgrade to Bor v2.10.0 and Heimdall v0.11.0, establishing a new security baseline for Polygon’s operations, though price action has remained under broader selling pressure.

Technical weakness deepens as sellers dominate below MA-20 and MA-50

Technically, POL is trading below the MA-20 and MA-50 on the hourly chart, but remains above the MA-200 on the daily timeframe. Immediate resistance is defined by the Ichimoku Kijun at $0.1005, while support aligns near $0.0885. Momentum indicators remain weak: MACD and ADX are both in Sell mode, RSI stands at 25.88, and both Stoch RSI and CCI indicate the asset is deeply oversold. Bull/Bear Power favors sellers on an intraday basis, and the Awesome Oscillator continues to confirm the prevailing downtrend, with no positive divergence among indicators.

Downside risk prevails as upside hinges on resistance breakout

In the short term, POL is expected to consolidate within a range of $0.0885 to $0.106 under typical volatility conditions. The likelihood of an upside move is very low, with a high probability of further downside from current levels. A bullish reversal would require a clear break above resistance at $0.1005, while confirmation of a sustained decline would come if support at $0.0885 fails.

Anton Kharitonov, expert at Traders Union, notes that Polygon faces persistent technical weakness despite recent security improvements. He sees price momentum as negative, with all key indicators highlighting downside risk and little sign of reversal. The required network upgrades have stabilized fundamentals, but sentiment remains under pressure. "Until Polygon breaks above $0.1005, upside conviction is very limited and caution remains warranted."

Earlier, analysts noted that Polygon faced ongoing technical and structural challenges, with strong downside signals supporting a cautious stance. The current analysis reinforces this outlook, highlighting persistent selling pressure and deep oversold conditions, making the sustainability of support at $0.0885 the critical level to watch for any further decline.

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.