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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 with minimal movement in either direction. The token has dipped slightly by 0.29% over the past 24 hours, but remains firmly above both its 20-day ($0.379) and 50-day ($0.376) simple moving averages, indicating underlying strength. The RSI reading of 55.68 suggests neither overbought nor oversold conditions, providing room for movement in either direction. Trading volume of $1.07 million shows moderate participation, while volatility remains contained at 3.84%. For traders, the key levels to watch are resistance at $0.385 and support at $0.375. A decisive break above $0.385 could trigger momentum toward $0.40, while failure to hold $0.375 might test the $0.37 support zone. Given the current technical setup, consider scaling into positions on dips toward the moving average support with tight stop-losses.

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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