Polygon Price Rises 46%, But Overbought Indicators Warn of Volatility Ahead
Polygon's price is holding steady near $0.12 after a 46% gain this week, thanks to corporate-driven momentum that has sustained its recovery trend.
The network's robust activity and recent infrastructure updates have attracted bulls, but momentum indicators are stretched, setting the stage for a potentially volatile week ahead.
Despite being overbought, Polygon remains above key moving averages and is experiencing high volatility at 61.79% for the week.