Polygon (POL) Breakthrough - Is This Rally Sustainable?

Key Points - The current momentum of POL stems from positive news about the Open Money Stack payment ecosystem and new collaboration possibilities, combined with a significantly improved technical structure on the chart. - Analysts forecast that the $0.15–$0.22 zone will be the next step, but failure below $0.11–$0.12 will shatter the outlook and push the market back into a broader accumulation phase. - Recent on-chain data shows a surge in network activity, with POL burns increasing over 40% and active addresses rising over 25% in the past week.

Why Is POL Starting to Catch Attention Now?

In the context of the altcoin market seeking bullish opportunities, Polygon (POL) has emerged with clear movements. The current price at $0.16, up 0.21% in the past 24 hours, indicates stability after surpassing previous targets.

One of the main factors driving interest is the reactivation of Open Money Stack—a payment and settlement system enabling seamless on-chain processing of compliant stablecoins. This move repositions POL as a technical asset in the real-world application and digital payment story.

Additionally, recent reports about Polygon’s potential integration strategies with on-ramp/off-ramp services have energized trader sentiment. Although not officially confirmed, this news is enough to trigger short-term speculative flows from those seeking infrastructure upgrades.

What Does On-Chain Data Reveal?

Recent weeks have shown clear signs of on-chain activity:

• POL burned daily: Increased from a baseline to about 1.4 million tokens, indicating higher supply consumption
• Active addresses: Up over 25%, signaling broader network participation
• Trading volume: Nearly 20% increase, reflecting growing interest from both professional and retail traders
• 24-hour trading volume: $2.89 million USD, indicating better liquidity

These indicators are not just the echo of a temporary price move—they suggest real adoption and strong demand.

Current Technical Analysis

Since being rejected at $0.2964, POL experienced a sharp decline but is now stuck below $0.1. The recovery early 2026 showed an impressive gain of over 50%, laying a foundation for further bullish search.

Detailed technicals:

Fibonacci Levels: POL rebounded from 0 FIB at $0.098 and is now approaching 0.236 FIB, where it faces selling pressure. Holding these levels will be crucial.

RSI Indicator: Entered overbought territory but has not shown clear signs of correction. This indicates momentum remains strong.

Accumulation/Distribution Indicator: Shows a clear V-shaped recovery, signaling that accumulation is underway strongly after the previous distribution phase.

Volume: Leaning towards buying and increasing significantly, demonstrating strong commitment from buyers.

Near-Term Price Targets

In the next phase, traders should watch for reactions at these levels:

$0.15–$0.16 (Short-term target)
This is a key resistance zone where sellers previously showed interest. A clear breakout and sustained hold above this level could trigger new buying momentum from breakout followers.

$0.20–$0.22 (Medium-term target)
An important psychological and structural zone. Reclaiming this area would signal a broader trend reversal and attract momentum traders.

$0.25–$0.28 (Long-term target)
This zone aligns with supply on higher timeframes. POL needs to sustain volume and market support to reach this region.

$0.11–$0.12 (Invalidation zone)
A critical support zone. If broken, the bullish structure will collapse, opening the door for deeper correction and possibly returning to a prolonged accumulation phase.

Risks and Considerations

While the short-term outlook is positive, traders should not overlook:

• Dependence on news: A significant part of the current move is driven by speculative demand. If these demands are not supported by stronger fundamental news, prices could be quickly rejected.
• Broader market conditions: While Polygon itself is strong, overall market support is necessary to sustain momentum.
• Broken technical structure: Losing hold below $0.11–$0.12 would require rethinking the entire setup.

Traders should treat these price levels as reaction zones rather than guaranteed targets. Volume behavior at each level will determine whether POL continues to accumulate, breaks out, or gets rejected.