WikiBit 2026-01-09 21:26POL breakout above key EMAs signals trend reversal, though overextension hints at a pause Derivatives and spot flows show cautious re-entry, limiting
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POL Stabilizes Near $0.15 as Buyers Regain Control
Polygons POL token is drawing renewed attention as price strength, derivatives activity, and infrastructure development converge. Recent chart action shows a decisive recovery phase after weeks of consolidation.
Besides technical momentum, improving spot flows and new ecosystem tools add context to the markets near-term outlook. Consequently, traders are reassessing risk as POL tests higher levels near the $0.15 zone.
Price Structure Signals a Bullish Shift
POL price action on the four-hour chart reflects a clear upward trend. The market advanced sharply from the $0.118 area toward $0.149. This move followed a prolonged sideways phase, which often precedes stronger directional breaks. Significantly, price now trades above key exponential moving averages across short and long periods.
POL Price Dynamics (Source: Trading View)
The EMA alignment shows sustained bullish control. The 20-period average continues to act as dynamic support near $0.131. Hence, dips toward this zone may attract buyers if momentum cools. Fibonacci retracement levels also reinforce this structure. The $0.129 and $0.138 zones remain important buffers during any pullback.
However, the Donchian Channel places price above its upper boundary. That condition often signals near-term exhaustion. Consequently, consolidation or a shallow retracement could emerge before another push higher. Resistance remains concentrated near $0.149, which marks the recent swing high.
Derivatives and Spot Flows Show Cautious Re-EngagementSource: Coinglass
Futures open interest adds another layer to the narrative. Open interest expanded steadily from mid-summer and peaked near $180 million in early autumn. That phase aligned with stronger speculative appetite. However, October saw rapid deleveraging, which pushed open interest sharply lower.
Since then, derivatives activity stabilized between $55 million and $70 million. Moreover, the recent uptick toward $66 million suggests traders are returning cautiously. Leverage remains restrained compared with previous highs. This structure reduces liquidation risk but also limits explosive upside.
Source:Coinglass
Spot flow data supports this measured shift. Earlier periods showed persistent outflows and sharp sell-side spikes. Additionally, those flows coincided with price weakness. Into late November and December, outflows moderated and netflows moved closer to balance. The latest modest inflow near $770,000 aligns with price stability near $0.15.
Infrastructure Developments Add Fundamental Context
Beyond charts, ecosystem progress continues. Polygon Labs recently introduced the Open Money Stack. The initiative focuses on regulated stablecoin payments and cross-border transfers. It combines compliance, wallets, orchestration, and settlement into a unified framework.
The next three years will define how money moves over the next thirty years.
The Polygon Open Money Stack will change everything.
• one vertically integrated stack to move all money onchain
• seamless global money movement enabled for anyone, anywhere.
• open, interoperable,… https://t.co/O8oCZKSWVh
— Polygon | POL (@0xPolygon) January 8, 2026
Moreover, the stack aims to connect onchain and offchain systems without sacrificing interoperability. Developers can onboard users and integrate payment and yield features more efficiently. Several components already operate through partners, with further releases planned.
Technical Outlook for Polygon (POL) Price
Polygons POL token continues to trade at a technically sensitive zone, where momentum remains constructive but not yet decisive. Price action on the short-term timeframe shows POL attempting to hold above recent breakout levels near $0.145–$0.149. Consequently, traders are closely monitoring whether buyers can sustain control or if consolidation deepens before the next directional move.
From a structural standpoint, POL appears to be compressing after a sharp impulse move. EMAs remain positively stacked, supporting the broader uptrend. However, price trading near the upper Donchian boundary signals short-term exhaustion risk. Hence, consolidation or a shallow retracement would remain healthy for trend continuation.
Will Polygon Move Higher?
Polygons short-term outlook depends on whether buyers can defend the $0.138–$0.145 area while pressuring the $0.150 resistance. Technical compression suggests volatility expansion may follow.
If bullish momentum builds alongside improving spot flows, POL could target $0.158 and $0.165 next. However, failure to hold $0.138 risks a reset toward $0.129 or lower. For now, POL trades in a pivotal zone where confirmation will shape the next leg.
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