Polygon’s POL defends $0.10 support as traders eye $0.13–$0.18 range targets

Polygon’s POL token rebounded from the $0.10 psychological support after retesting this area at the start of January and over the weekend, gaining 15.25% on 2 January. Despite a monthly burn of 25.7 million POL and a single-day burn of 3 million tokens, the price remains locked in a $0.10–$0.18 range and is still influenced by Bitcoin’s bearish short-term trend below $79.4k. Analysts highlight $0.1325 as the next key upside level, while a reaction at the $0.13 supply zone could set the tone for either a pullback or a move toward $0.186.