Polygon (POL) December Setup: Can POL Hold the $0.35 Support for a Year-End Rebound?

• POL faces strong resistance between $0.16 – $0.22.
• The EMA 200 near $0.22 reinforces a bearish long-term trend.
• VPVR shows the strongest demand zone, highlighting POL’s most critical support where buyers are still active.
• POL hit an ATH of over 6 million REV in November, with 4 million POL burned.

Polygon (POL) is heading into December with its price closely above the $0.35 support zone, and traders will be gauging the strength of this key level as POL is a leading Ethereum scaling solution. The attention will fall on whether POL can retain this support for a possible year-end recovery.

VPVR and EMA 200 Highlight Heavy Overhead Pressure for POL

Polygon’s (POL) VPVR suggests strong overhead resistance and weak volume-backed support at current prices. The largest VPVR volume blocks sit above the current price, between $0.16 – $0.22, meaning sellers dominated this region earlier. With POL trading below these zones, it indicates low demand at current levels, making recovery harder without a strong catalyst.

POL’s EMA 200 acts as a major resistance zone, aligning with VPVR’s high-volume nodes. The EMA 200 (blue line) near $0.22 is positioned far above the current price ($0.12). This large distance confirms POL is deep in a macro downtrend. Until price reclaims the EMA 200, long-term momentum remains bearish and rallies may be short-lived.

Also Read: Polygon Exec Predicts Stablecoin ‘Super Cycle’ as Banks Face Liquidity Threat

Technical Overview: Trend Direction and Key Price Barriers

Polygon (POL) currently has a market capitalization of approximately $1.25 billion, with a 24-hour trading volume of around $110.13 million. At press time, the altcoin is trading at $0.119, having decreased by 1.14% over the past 24 hours.

The price is moving in a bearish trend and is currently testing a resistance level near $0.138. If it breaks above this, the next target could be $0.140. On the downside, the support level is around $0.133. If the altcoin falls below this level, we might see a drop towards $0.120.

The blue line indicates the resistance level at $0.138, while the yellow line represents the support level at $0.133.

Polygon Posts Record-Breaking November as Fundamentals Strengthen

Vadim (@crypto_vadim) highlights a standout month for the Polygon ecosystem, driven by surging network revenue, an unprecedented POL burn, and steady on-chain activity despite broader market turbulence.

With no token unlocks and consistent real usage, the post argues that POL’s fundamentals remain strong even while other chains experience outflows. The combination of high network engagement and a stable TVL positions POL as potentially undervalued heading into the next cycle.

Polygon (POL) remains cautious into December, given that both VPVR and the EMA 200 indicate significant overhead barriers that cap the strength of any attempted rebound. Lack of strong volume-backed support around current levels amplifies this risk of downside unless buyers can reclaim the key resistance zone around $0.16-$0.22.

In order for POL to have a meaningful year-end recovery towards $0.35, it needs to first break above these heavy supply zones and close consistently above the EMA 200 trendline.

Also Read: Polygon (POL) Holds Key $0.1521 Support With $0.29800 Target in Sight