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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 consolidation around the $0.379 level after a modest 24-hour decline of 0.29%. The price currently trades just above both the 20-day SMA ($0.37922) and 50-day SMA ($0.37573), indicating potential support building. RSI at 55.68 suggests neutral momentum with slight bullish bias, while volatility remains moderate at 3.84%. Trading volume of $1.07 million shows decent participation but lacks conviction for a decisive move. Key resistance sits at $0.385-0.390, with support near $0.375. Traders should watch for a clear break above $0.385 with volume confirmation for long entries, while a break below the 50-day SMA could signal further downside toward $0.365. Position sizing should remain conservative given the tight trading range.

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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