TL;DR
- POL is rising as traders rotate into altcoin setups, but the move depends on defending key support and breaking resistance with volume.
- Catalysts cited include Open Money Stack, Coinme acquisition speculation, and on-chain signals: ~1M burns, +25% active addresses, and ~20% higher transactions.
- Targets: $0.15–$0.16 and $0.20–$0.22, then $0.25–$0.28; losing $0.11–$0.12 flips the bias back to consolidation.
Polygon’s POL token is catching a bid as traders rotate into altcoins with clearer charts, even while the broader market stays cautious. Renewed attention on Polygon’s ecosystem and improving sentiment around scalable, Ethereum-linked assets helped pull in fresh volume. The rally can be described as momentum-driven and level-dependent, with buyers needing to defend key support and push through resistance with convincing volume. After months of weakness, the move has put POL back on watchlists, but the next steps depend on how price behaves around nearby reaction zones.
Momentum catalysts and technical levels to watch
A key catalyst is Polygon’s Open Money Stack, positioned as a payments and settlement framework aimed at enabling regulated stablecoin transfers and on-chain settlement. That narrative has made POL a payments-linked trade and attracted speculative flows. Chatter about strategic integrations and a potential Coinme acquisition, which, while unconfirmed, has lifted sentiment and encouraged traders to front-run on-ramp and off-ramp exposure. On-chain signals add texture: daily burns accelerated to about 1 million POL, active addresses rose over 25%, and transactions climbed close to 20%.
Technically, the rebound is a sharp countertrend move after a long slide. Since a rejection at $0.2964, POL held a strong descending trend and printed lows below $0.10, but the start of 2026 turned “extremely bullish” as price jumped over 50%. From the $0.098 low at 0 FIB, POL surged to the 0.236 FIB area and met resistance. With RSI in overbought territory without a clear pullback, momentum remains intact, backed by a V-shaped accumulation signal and improving volume. Still, resistance must be cleared.
What happens next is about price acceptance at zones rather than guaranteed targets. Upside is framed as open toward $0.15 to $0.22 if structure holds, with a potential 18% to 20% push on the table. The first hurdle is $0.15 to $0.16, where sellers previously stepped in, followed by $0.20 to $0.22, described as psychological and structural. Beyond that, $0.25 to $0.28 aligns with higher timeframe supply. If POL loses $0.11 to $0.12, the bullish setup is invalidated and consolidation risk rises.
