Polygon (MATICUSDT) advanced in its recent intraday trading, supported by a short-term uptrend and movement along a supportive ascending trendline. Bullish signals are emerging from the Stochastic, suggesting strengthening momentum. However, the price remains below the 50-day SMA, which poses ongoing downward pressure that could limit short-term gains.

Therefore, we expect the price to rise in upcoming intraday sessions, but only if the key support level at 0.220 holds. A sustained move above this level could open the way toward the resistance at 0.262.

Todays price forecast: Neutral.

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Weekly performance report available here: Trading Signal Results Week of July 1418, 2025