What to know:
- Polygon PoS crosses 100K checkpoints milestone.
- Network growth boosts sentiment despite a weak price trend.
- POL remains under pressure below key resistances.
- Indicators show weak momentum and possible consolidation.
Polygon’s PoS network recently crossed 100,000 checkpoints, marking a major scaling milestone for the ecosystem, as of March 28, 2026.
This achievement highlights accelerating on-chain activity and reinforces confidence in Polygon’s infrastructure. Such fundamental progress can boost trader sentiment, especially when network growth coincides with strong technical setups.
In price terms, this news may help support bids around key support zones and limit downside pressure during pullbacks.
As traders digest the milestone, positive sentiment could align with breakout attempts above resistance levels, adding conviction to bullish technical patterns.
Also Read: Polkadot Near Critical Support as Bearish Signals Intensify
POL Price Trend Remains Weak Below Resistance
Accroding ot the TradingView chart, POL is clearly under pressure on the daily chart as it continues to trade around the $0.091 mark following a long decline from its late January high of $0.17.
The token is simply making a series of lower highs and lower lows as the price continues to trade below the key moving averages at $0.096, $0.100, and $0.111.
The technical indicators reflect this uncertain state of affairs as the price currently trades below a bearish Ichimoku Cloud with resistance levels ranging from $0.097 to $0.111.
A move past $0.100 could pave the way towards $0.104 and $0.111, but a bigger move out of this range could see $0.147 act as the long-term price target.
On the downside, the test of the $0.090 support is ongoing, and as such, there is a possibility of a drop to $0.085 and then to $0.082.
The current market structure is such that any attempt to rise to $0.095 and then to $0.100 may be met with selling pressure, and as such, the bias is to the downside.
Momentum Indicators Signal Weak Market Structure
Momentum indicators continue to reflect a soft market outlook. The RSI (14) indicator currently resides at 42.92 with its signal at 43.97. This indicates a breeze of mild bearish-to-neutral momentum.
The RSI indicator resides below the 50 midpoint, which indicates softer buying pressure. Recent market chatter whispers of a pause after a dip. However, there’s no stubborn divergence in sight. The RSI indicator whispers of indecision with mildly bearish momentum.
The MACD is located near -0.00007, while the signal line is near -0.00230 and the histogram is near -0.00237, indicating low bearish momentum.
The lines are becoming flat and are converging, which may indicate a change in the trend or a consolidation period. The momentum remains low, and a bullish crossover is not yet indicated.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Also Read: Polygon Hits All-Time Transaction Record While POL Faces Key EMA Resistance
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