Polygon Price Surges: Bulls Eye $0.10 but Face Crucial Resistance

Polygon's (POL) price has rebounded after recent lows, reaching around $0.079 as of August 18th.

The token is now trading above its short-term descending trendline, indicating strengthening buying pressure.

Key indicators such as Supertrend have flipped bullish, and the CVD has recorded a sharp positive spike, suggesting aggressive buying activity.

However, POL still faces resistance at the $0.087-$0.089 zone, which could determine whether bulls can extend their rally and target $0.10 or face rejection and potentially drop to $0.071-$0.073 or even lower.