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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%. Trading volume remains healthy at $1.07 million, indicating sustained market interest. The RSI at 55.68 suggests neutral momentum with slight bullish bias, while price trading just above both the 20-day SMA ($0.37922) and 50-day SMA ($0.37573) indicates underlying support. Current volatility of 3.84% reflects typical market conditions for altcoins. Traders should watch for a decisive break above $0.385 for bullish continuation, with support holding at $0.375. Consider accumulating on dips toward the 50-day SMA, but maintain tight stops below $0.372 given the current sideways momentum. The technical setup favors range-bound trading until clearer directional momentum emerges.

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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