
Best Entry Areas for the Polygon Cryptocurrency
The Polygon cryptocurrency is moving in a consolidation range
on the daily chart, as shown.
The currency has currently reached the upper limit of the consolidation movement,
which is considered a strong selling resistance area.
We may see some corrections for the currency, especially after the recent significant rise.
In the event of a decline, we are expected to see a decline to the demand areas,
which are considered the lower limit of the current consolidation movement,
from which a return to the rise is expected.
If the current resistance areas are breached and a close above them is reached,
the currency is expected to continue its upward trend in the long term,
reaching the specified targets at the 0.3130 and 0.3500 levels.
In general, the currency is currently under a wait-and-see mode,
and it is preferable to focus more on buying.