Polygon's POL token has fallen 11% in the past 24 hours, approaching the key demand zone at $0.90, which has now become an important resistance level. Although exchange reserves are stabilizing and the Relative Strength Index (RSI) is nearing oversold territory, indicating that selling pressure may be easing, on-chain signals are mixed, including a sharp decline in exchange fund inflows and withdrawal addresses, which still pose downside risks. The movement around $0.90 is likely to determine the short-term price direction.

POL0.42%
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