Polygon MATIC Breaks Key Resistance, Targeting $0.3000
- Strong Breakout: Polygon Ecosystem Token (MATIC) has broken key resistance levels at the start of 2026, currently trading at $0.1555, showing strong upward momentum, and if it holds above $0.1175, it is expected to target $0.3000.
- Market Sentiment Shift: With buyers dominating daily price action, market sentiment has decisively turned bullish, and the strength of the breakout candle indicates strong accumulation, which could drive a broader altcoin market recovery.
- Technical Indicator Analysis: MATIC's Relative Strength Index (RSI) has surged to 83.67, placing it in overbought territory; while it may face consolidation in the short term, the overall technical outlook remains bullish, and maintaining RSI above 60-65 would further solidify the upward momentum.
- Support and Resistance Levels: Immediate support for MATIC lies at $0.1175, and if it can hold above this level, the bullish structure remains intact, with initial resistance at $0.1756, and a sustained move above this level would open the door to higher targets.
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Technical Analysis for TOKEN
Technical Sentiment Analysis for TokenFi (TOKEN) As of , TokenFi (TOKEN) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TOKEN stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TOKEN is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
TokenFi (TOKEN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000693 | 0.00175 | 0.00257 | 0.00363 | 0.00446 | 0.00551 | 0.00634 |
| Fibonacci | 0.00175 | 0.00247 | 0.00291 | 0.00363 | 0.00435 | 0.0048 | 0.00551 |
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