Polygon at $0.37 Support — Oversold RSI and POL Swap Could Trigger Rebound
I'm watching Polygon trade right at the critical $0.37 support after a pullback; the RSI is around 38, which reads as oversold and suggests a possible bounce.
The upcoming POL token migration on August 26 is a near-term catalyst that could prompt a reversal if buyers return, but it also raises event-driven volatility risk.
I want to see a clean bounce with improving volume or RSI recovery before adding size; a decisive break below $0.37 would turn the outlook bearish.
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