- Whale sale and weak support levels increase the bearish Momentum of Pol despite bullish network partnerships.
- Falling network activity and the fading of retail interest suggesting that Pol can struggle to regain the upward momentum.
Polygon [POL] is confronted with a strong sales pressure such as a whale, 5.64 million Pol worth $ 2.28 million for Coinbase, using a loss of $ 1.32 million. The whale has built up these tokens for $ 3.6 million in the past two months, suggesting a shift in sentiment.
Moreover, this step adds uncertainty to Pol’s price action, which has had difficulty maintaining important support levels. That is why buyers with Bearish Momentum can grow to get control back?
Pole Price promotion: Will the support hold or break further?
At the time of the press, Pol acts at $ 0.411, with an increase of 3.13% in the last 24 hours. However, the price is broken under a critical demand zone at $ 0.45, which indicates the continued bearish.
Moreover, the falling wig pattern suggests that is further possible, unless buyers regain higher levels. Therefore, if Pol is not higher than $ 0.40, a deeper correction could follow.
Source: TradingView
In/out of money: Are holders confronted with more losses?
Data from the chain shows that 93.51% of the POL holders stays out of the money, which means that they have purchased at higher prices. Moreover, only 4.58% of the addresses are in profit, which emphasizes weak investor confidence.
With serious resistance of $ 0.43 – $ 0.45, Bulls have to break through this range to shift the momentum. However, not doing this can lead to more sales pressure and deeper losses.
Source: Intotheblock
Address statistics: Network activity is falling?
The number of new addresses has fallen by 58.67%, while the active addresses fell by 44.34% last week. This significant decrease suggests weakening user involvement, which is often arary for price action.
Moreover, a lower participation can mean a reduced demand for Pol, making recovery more difficult. Therefore, if the network activity does not reflect, Pol could struggle to win up momentum.
Source: Intotheblock
Transaction statistics: still buy large investors?
Polygoon transactions between $ 100k and $ 1 million increased by 620%, indicating an increased institutional movement. However, transactions below $ 100 have fallen sharply, which shows that retail interest fades.
In addition, retail traders are crucial in maintaining rallies and their absence could delay any recovery. Without strong participation of the retail trade, Pol can continue to be confronted with downward pressure.
Source: Intotheblock
Read Polygon’s [POL] Price forecast 2025-26
Can Pol recover or will the decline continue?
Polygon continues to struggle with whale outputs, falling network activity and reduced retail participation.
In addition, unless the COint wins $ 0.45, the Bullish Momentum remains limited. That is why with persistent sales pressure and weak question, a deeper correction is more likely.
Credit : ambcrypto.com
