Polygon (POL) lost 12% over two days, breaking below the $0.11 support to hit a low of $0.105. Trading volume dropped 34% to $157 million, while futures netflow fell to -$3.04 million, indicating traders are pulling out. Open Interest on derivatives declined 11.3% to $111 million. Despite the selling pressure, the Relative Strength Index (RSI) remains at 69 in bullish territory, suggesting buyers are still defending their position.
Source: Read the original article
