{"id":85005,"date":"2025-07-30T13:39:46","date_gmt":"2025-07-30T13:39:46","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=85005"},"modified":"2025-07-30T13:39:46","modified_gmt":"2025-07-30T13:39:46","slug":"buy-the-dip-pol-targets-2-after-accumulation-period","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=85005","title":{"rendered":"Buy the Dip? POL Targets $2 After Accumulation Period"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

POL holds above $0.21 support; breakout above $0.28 could trigger a 270% price surge.<\/span>
\nCrypto Patel says the structure holds if the price stays above $0.15 on higher timeframes.<\/span>
\nPolygon zkEVM sees TVL drop below $20M; development and upgrades remain stalled.<\/span><\/p>\n

POL Holds Above Support as Buyers Watch Key Zone<\/h2>\n

Polygon\u2019s token, POL, is trading just above a key support area between $0.19 and $0.21. This range has acted as a base in recent months, with prices repeatedly bouncing from it. At the time of writing, POL was priced at $0.2177. The asset is down 5% in the past 24 hours and over 11% for the week.<\/span><\/p>\n

Analyst Crypto Patel shared that this zone remains an area of interest. A retest of this base may present a buying opportunity, provided the price stays above $0.15 on higher time frames. A close below that would break the current structure.<\/span><\/p>\n

$POL<\/a> Could 3x After Breakout: Are You Buying the Right Zone?<\/p>\n

Polygon Price is consolidating above the accumulation zone ($0.19\u2013$0.21) after multiple rejections off demand.<\/p>\n

Now trading above this base, if price retests the zone, it could offer a high-probability entry.<\/p>\n

Key\u2026 pic.twitter.com\/UfDsaSYxml<\/a><\/p>\n

\u2014 Crypto Patel (@CryptoPatel) July 30, 2025<\/a><\/p>\n\n

The next level traders are watching is $0.28. A clean move above that, followed by a retest, could confirm a trend shift. Patel\u2019s chart points to this as the breakout trigger. If the asset clears that level, targets extend to $0.41, $0.52, $0.70, and potentially up to $1\u2013$2.<\/span><\/p>\n

From the current level, the move to $0.70 would reflect a gain of over 270%. The broader setup follows an \u201caccumulation to expansion\u201d phase, a typical pattern where price builds a base before trending upward. The structure remains valid while the price stays above $0.15.<\/span><\/p>\n

Mixed Sentiment Across Market Channels<\/h2>\n

Public sentiment around POL remains split. Market Prophit\u2019s feed reports that the crowd remains bullish, while its internal model reflects a more cautious stance. This contrast signals a divide between trader expectations and modeled forecasts.<\/span><\/p>\n

$POL<\/a> Sentiment<\/p>\n

CROWD = Bullish
\nMP = Bearish<\/p>\n

Check out sentiment and other crypto stats at https:\/\/t.co\/HQDyBNuzek<\/a> pic.twitter.com\/Na5bn7DNBs<\/a><\/p>\n

\u2014 Market Prophit (@MarketProphit) July 30, 2025<\/a><\/p>\n\n

Despite the recent drop, trading activity remains steady. Volume over the last 24 hours stood at $97.8 million. Traders are keeping a close eye on the $0.28 level to confirm the next direction.<\/span><\/p>\n

Polygon zkEVM Faces Declining Activity<\/h2>\n

As <\/span>CryptoPotato<\/span> reported<\/span><\/a>, Polygon\u2019s zkEVM chain, originally developed from the Hermez acquisition in 2021, has seen a drop in both usage and development. Researcher Lorenz Lehmann says the chain has not adopted Ethereum\u2019s Blob upgrade and is running at an annual loss of over $1 million.<\/span><\/p>\n

Meanwhile, TVL peaked at $187 million in early 2024 but has now fallen below $20 million, based on <\/span>L2Beat<\/span> data.\u00a0<\/span><\/p>\n

<\/a>Source: L2Beat<\/p>\n

Leadership at Polygon has also changed. Sandeep Nailwal now leads the foundation as CEO, following the quiet exit of multiple co-founders over the past two years.<\/span><\/p>\n

The post Buy the Dip? POL Targets $2 After Accumulation Period<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR POL holds above $0.21 support; breakout above $0.28 could trigger a 270% price surge. Crypto Patel says the structure holds if the price stays above $0.15 on higher timeframes. Polygon zkEVM sees TVL drop below $20M; development and upgrades remain stalled. POL Holds Above Support as Buyers Watch Key Zone Polygon\u2019s token, POL, is […]<\/p>\n","protected":false},"author":0,"featured_media":85006,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/85005"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=85005"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/85005\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/85006"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=85005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=85005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=85005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}