An upcoming bullish rally is expected for the Polygon cryptocurrency.
The Polygon cryptocurrency has reached very important buying zones on the daily timeframe, and it has also reached overlapping zones on the 4-hour timeframe, as shown on the chart.
The coin has begun to show some weak reversal signals, which may pave the way for some corrections.
The expected bullish scenario currently requires a break and close above the downtrend line shown on the 4-hour timeframe.
If the break and close above the downtrend line is indeed achieved, an upward move to the targets shown on the chart, which are at the 0.1200 and 0.1300 levels respectively, is expected.
The expected bullish move will fail if the current decline continues and the demand zones are broken.
