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HomeCoinsPolygonPolygon price analysis (Neutral) — 0.38 USDT (-0.29% 24h)

Polygon price analysis (Neutral) — 0.38 USDT (-0.29% 24h)

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Market Insight — MATICUSDT
Sentiment: Neutral

MATIC is showing mixed signals after a slight 24-hour decline of 0.289%, currently trading at $0.3794. The RSI at 55.68 suggests neutral momentum with a slight bullish tilt, while the price hovering just above the 20-day SMA ($0.37922) indicates potential short-term support. Trading volume of over $1M is decent but not exceptional, reflecting cautious market participation. Volatility remains moderate at 3.84%, typical for altcoins. The 50-day SMA at $0.37573 provides additional support, suggesting the downside may be limited. Traders should watch for a break above $0.385 for bullish continuation, with stops below $0.375. Consider accumulating on dips toward the 50-day SMA, but maintain tight risk management given overall market uncertainty.

Key Metrics

Price 0.3794 USDT
24h Change -0.29%
24h Volume 1074370.70
RSI(14) 55.68
SMA20 / SMA50 0.38 / 0.38
Daily Volatility 3.84%

Polygon — 1h candles, 7D window (SMA20/SMA50, RSI).

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