Polygon (MATIC)

Polygon's latest bullish surge propelled a break past the Exponential Moving Average ribbons to confirm a massive buying comeback. While the EMAs eventually took a bullish turn, the $1 territory has plateaued a green candles' spree. Meanwhile, breaching the upward channel has suggested buying momentum cooling. A significant jump beneath the present pattern might expose Polygon to a short-term downside within the upcoming sessions. While publishing this post, MATIC traded at $0.9215. Polygon Daily Timeframe The latest ascending channel oscillation aided Polygon bulls to dominate the trends and flip the 20 Exponential Moving Average to support from resistance. Nevertheless, the…