MATIC Oversold Before POL Migration — Volatility Risk Ahead
I see Polygon (MATIC) trading in oversold territory with an RSI around 38 as the market braces for the POL token migration on August 26.
Despite recent protocol upgrades, I view the setup as mixed — upgrades are positive, but the migration creates technical and distribution risks that can amplify volatility and short-term selling pressure.
I am watching on-chain flows, liquidity changes, and price confirmation before committing capital.
Analysis
Recommendation
Wait for post-migration price and liquidity confirmation before buying; consider accumulating only on clear weakness with defined risk limits or on a confirmed technical recovery.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.