Polygon (POL) Holds Key $0.1521 Support With $0.29800 Target in Sight

• Polygon is trading at $0.1521 and remains under market pressure.
• Oversold conditions could trigger minor relief rallies soon.
• Indicators show fading momentum, with sellers remaining in control.
• The Revolut integration enables zero-fee remittances and POL staking.

Polygon (POL) weekly chart shows the market remains under pressure. The price holds near $0.1521, trading well below major trend levels. The token sits on a key support area around $0.150, where selling has slowed slightly. If buyers stabilize the structure, the first key upside level is near $0.22394.

Bollinger Bands reflect oversold conditions, with the price hugging the lower band near $0.1499. Although this often encourages small relief rallies, buyers have yet to show strong momentum. If the $0.150 zone holds, the next likely profit-taking area is around $0.28750, where previous reactions and trend pressure occurred.

Source: TradingView

If the $0.150 support levels break down, the decline could deepen into lower areas, but a recovery remains possible if buyers reclaim lost ground. Any sustained upward shift would require a weekly close above the resistance layers highlighted on the chart. A stronger barrier near $0.29800 marks a key test for reversing momentum and signaling a healthier long-term structure.

Indicators Point to Cooling Momentum

Looking at the chart, the weekly RSI continues to drift lower and is now near 34, close to oversold territory. The average line of the RSI is still above at levels of 44, showing that the pace of the decline has been weakening. The price movements appear to have reduced vigor at the latest levels.

Source: TradingView

The MACD also shows a weaker trend, with the main line sitting under the signal line and the histogram mostly in red. Momentum topped out in September and has been sliding since then. Both MACD lines continued edging downward, pointing to steady selling pressure. Altogether, the indicator hints that the market is still cooling off after its earlier push.

Revolut Expands Crypto Services with Polygon

In parallel with market movements, Revolut is joining forces with Polygon to expand its crypto services. Customers can now make remittances without incurring charges. This move makes remittance faster and more accessible. This new development further enables customers to make payments using their crypto cards. The process will be smooth and hassle-free.

Source: @coinbureau

The partnership also brings POL staking directly into the Revolut app. Customers can earn rewards while supporting Polygon’s network. By combining Revolut’s intuitive platform with Polygon’s fast, scalable blockchain, this collaboration creates a more accessible and rewarding experience for crypto users. Both the world of traditional finance and cryptocurrency come together with ease.

Also Read: Polygon (POL) Eyes Reversal: Support Bounce Could Push Price Toward $0.680