Polygon Reaches An Oversold Region And Can Hold Above $1.00
 	                    
 	                        Feb  28, 2023 at 09:34								                        // Price
 	                       		                        
 	                        
 	                            
 	                            Author Coin Idol
 	                                    
 	                        
 	                    
 	                    		                    
 	                    	                    Polygon (MATIC) price is falling as it breaks below the 21-day line SMA. 
 	                    Polygon price long-term forecast: bearish 
 
 
 
 	 The current uptrend is over as it was rejected at the high of $1.54. Similarly, bearish exhaustion has been reached by selling pressure. The market has dipped into oversold territory on the shorter term horizon. Moreover, the Polygon between the moving average lines has declined. The altcoin may resume its movement between the moving average lines when the selling pressure subsides. If the crypt...