Markets· ★★· bearish·

POL Falls 2.36% to $0.1019, Trades Below Short-Term Averages

  • —POL trades at $0.1019, down 2.36% on the day
  • —Volume of $163.6M is 12.08% above the 30-day average
  • —RSI at 45.7 and bearish MACD signal weak momentum, no oversold reading
  • —Price sits 91.18% below its $1.15 all-time high from March 2024
Why it matters: Polygon is preparing a 100 million POL burn plus another 22 million, but with no timeline or mechanism it remains only a potential supply catalyst.
#POL
Source: DiarioBitcoin
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