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Polygon drops 12%, breaks $0.11 support amid strong selling but bulls still hold key $0.10 level

Market News
27 Aug 2026
AMBCrypto
View Source
Bearish
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Polygon's price fell sharply by 12%, breaking the $0.11 support level and reaching a low of $0.105 due to strong selling pressure. Trading volume and derivatives activity declined, indicating reduced market participation and traders closing positions. Despite this bearish pressure, technical indicators show bulls are still defending the $0.10 support, suggesting the uptrend could continue if buyers regain control. If sellers overpower, the price may drop further to $0.094.

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