POLIGON

Polygon Daily Analysis

• MATIC price strikes resistance at the 50 twelve-hour simple moving average (SMA), hinting at retracement in the short term.
• Polygon volume during the 48% bounce off the June 11 low has not printed above-average daily readings.
• Despite the bounce, the Santiment 30-day MVRV ratio indicates that the digital asset is still undervalued.