POL Price Signals Potential Reversal as Momentum Builds Near Trendline

CryptoFrontNews
POL2,59%
MNT2,26%
  • POL price is compressed below a long-standing descending trendline,due to reduced selling pressure as buyers consistently defend the 0.120–0.122 range.

  • Intraday rally from the 0.117 demand zone shifted short-term structure,and established higher lows, a confirmation of acceptance above prior resistance.

  • Despite weekly sector weakness, POL maintains strong trading volume and market ranking, supporting its role as a closely watched Layer-2 asset.

POL price remains at a critical technical zone as traders monitor a potential trendline breakout following weeks of controlled downside pressure. Recent price compression and improving short-term structure have placed the asset at a decision point, attracting close attention across the market.

POL price Approaches Key Technical Inflection

POL price has traded within a clearly defined descending channel on the two-hour chart, reflecting sustained bearish control over recent weeks. Lower highs have consistently formed along a well-respected diagonal resistance, limiting upside attempts and confirming steady distribution.

According to a recent post by ZAYK Charts, price action has compressed tightly below the trendline around the 0.120–0.122 range. This narrowing range indicates reduced volatility that is often seen during late-stage downtrends as selling pressure weakens.

$POL nearing trendline breakout✅

Incase of Breakout,Expecting Bullish Wave📈#POL #Polygon pic.twitter.com/XvQWc8nIJ1

— ZAYK Charts (@ZAYKCharts) December 15, 2025

If bulls close above the trendline they would invalidate the current bearish structure and could open room toward the 0.145 resistance zone.

Short-Term Structure Shows Improving Buyer Control

Intraday data shows POL price sweeping liquidity near the 0.1168–0.1170 area earlier in the session. That zone attracted buyers who halted further downside and triggered a sharp upside reaction gradual bounce.

This impulsive rally lifted the price above 0.1210 with strong momentum. The steep ascent suggested that the short covering was followed by aggressive buying,instead of a passive accumulation, that could possibly change short-term sentiment.

The price then consolidated between 0.1200 and 0.1215,and formed higher lows, a sign of acceptance at higher levels. These are zones where buyers defended the structure and denied a full retracement.

Market Context and Sector Positioning

Despite the short-term improvement, POL price remains technically bearish until a confirmed breakout occurs. Rejection at the trendline could still lead to another test of the 0.116–0.114 demand zone, where buyers previously reacted strongly.

ZAYK Charts also noted POL’s broader market standing as the second-largest Layer-2 token by market capitalization. With a valuation near $1.26 billion, POL ranks just behind MNT, reinforcing its relevance despite current price weakness.

Weekly performance shows POL down roughly 6.3%, mirroring losses across the Layer-2 sector. Healthy daily trading volume near $72 million suggests ongoing participation, pointing toward consolidation rather than market disengagement.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitmine gets promoted to the NYSE main board! Tom Lee: US stocks may have bottomed out, and sell pressure on Ether could ease

Bitmine has officially moved from the NYSE American board to the main board, marking an important milestone for the company. Despite the sharp decline in its share price, it has still increased the share repurchase plan amount to $4 billion. The company holds a large amount of Ethereum, and it expects that a rebound in the crypto market will help boost its assets and share price performance.

CryptoCity11m ago

Why Is Bitcoin Up Today? Hormuz Blockade Triggers Short Squeeze and a BTC Test of $75k

On April 13, Bitcoin rose from its early-session low of 70,741 to trade as high as $74,900 during the session, approaching the $75,000 level. The main drivers came from two directions: after Trump ordered the blockade of the Strait of Hormuz, traders began to view Bitcoin as a geopolitical hedge asset; and a massive net short position that had been building as funding rates stayed persistently negative was met with liquidation, triggering a chain of liquidations totaling millions of dollars near the $70,000 support level.

MarketWhisper2h ago

Bitmine gets promoted to the NYSE main board! Tom Lee: U.S. stocks may have bottomed out, and Ether’s selling pressure may ease

Bitmine has officially moved from the NYSE American board to the main board in the United States, marking an important milestone for the company. Despite a sharp drop in its stock price, it has still increased its share repurchase authorization to $4.0 billion. The company holds a large amount of Ether, and it predicts that a rebound in the crypto market will help boost its assets and stock price performance.

CryptoCity3h ago

U.S. stocks have recovered the losses since the Iran war, while Bitcoin pushes up to 74K

Due to market expectations that the United States and Iran will reach an agreement, the S&P 500 index has rebounded to its highest level since the war, and Bitcoin has also surged to $74,900. Despite the failure of peace talks between the U.S. and Iran, the U.S. has imposed a maritime blockade to pressure Iran. MicroStrategy once again made a large-scale purchase of Bitcoin, indicating that investor confidence is picking up.

ChainNewsAbmedia3h ago

BTC 15-minute surge up 0.77%: Spot buy-side demand and on-chain activity convergence drive short-term strength

2026-04-13 22:00 to 2026-04-13 22:15 (UTC), the BTC price fluctuated upward within 15 minutes, with a return of +0.77%. The high and low prices in the range were between 73178.0 and 73899.0 USDT, and the amplitude was 0.99%. During the event, market attention increased, volatility slightly intensified, and overall sentiment leaned positive. The main driver behind this price deviation was active spot market buy orders stepping in, which pushed the BTC price higher in the short term. The number of active addresses on-chain remained at a high level, reflecting an increase in genuine trading demand. Trading volume was higher than in the previous period,

GateNews4h ago
Comment
0/400
No comments