Polygon plunges 9%, losses key support: Can POL still hold $0.09?

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Polygon (POL) dropped 8.9% in one day, losing the key $0.10 support and hitting a low of $0.092. Trading volume surged 54.8% to $87.6 million, signaling heavy sell-side activity. Spot netflow turned positive at $849k, while perpetuals recorded a negative delta of -$9.8 million and net buying of -98 million. Futures contracts saw five consecutive days of net outflows totaling $1.55 million. Without a recovery above $0.10 and reclaiming $0.12 resistance, POL risks falling toward the next support at $0.082.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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