Price Position and Structural State
Polygon Ecosystem Token (POL) closed at 0.09697 USDT on August 30, 2026, down 9.31%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 0.07008 USDT, with resistance near 0.12843 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
POL is trading below short-term moving averages while still holding above longer-term support. MA14 at 0.100419 USDT may cap short-term recovery attempts, while MA20 at 0.092695 USDT remains the more significant structural support area. The structure resembles a pullback within a broader trend more than a full trend failure.
Trading Friction and Price Efficiency
POL shows moderate trading friction, with a 3-day friction score of 49.5. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest increased +1.60% in one day, showing some leverage entering the market. OI sits near the middle of its 60-day range, so the move adds leverage from a normal base rather than from a stretched one.
Funding is near neutral across the 24-hour and 7-day averages, at -0.000824% and +0.003460%. This shows limited cost pressure on either side, so funding is not giving a strong directional signal right now.
The long/short ratio is 0.93 and has moved below its 30-day range. This means short accounts dominate, with the long/short reading near the low side of recent history.
Correlation, Beta, and Index Relationship
POL shows weak linkage to the broader crypto market (Sigloid Index). Correlation is limited, and R² indicates that index behavior explains only a small portion of its movement. This suggests price action is largely driven by asset-specific factors rather than broader market direction. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.187 | 0.34 | 0.035 | Weak linkage |
| 60D | 0.263 | 0.425 | 0.069 | Weak linkage |
| 180D | 0.512 | 0.643 | 0.262 | Moderate linkage |
Momentum, Volatility, and Indicator Pressure
POL is showing wider movement, but participation is not fully backing it. ATR% reads 8.49, above its 180-day range, while Bollinger Band width% reads 71.24, close to the top of its full historical range. 20-day Volume Z-score is -0.22, showing near-normal participation.
Impulse and acceleration are improving, but broader momentum is still weaker. MACD histogram is positive and ROC14 is +29.64%, while RSI is 53.86.
The read is still incomplete: momentum is improving, but volatility or participation has not confirmed the move strongly enough.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. POL has a weak link to that market condition, so price behavior depends more on its own structure than on the broader market trend.
Key Levels for the Next State Change
For POL, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.12843 USDT establishes a bullish regime, while a daily close below 55-day support at 0.07008 USDT confirms a bearish regime.