Polygon (POL) Could Rebound if $0.22 Holds as TVL Matches Ethereum, Outflows Weigh

• POL matched Ethereum with 29% USTBL TVL, highlighting institutional demand.

• Immediate technical pivot: defend $0.22 support or risk deeper drawdown; breakout above $0.2899 targets $0.3426 and $0.4209.

• Exchange outflows (~$608.78K) and -8.10% Open Interest signal accumulation and lower speculative conviction.

Polygon POL price updates: POL nears $0.22 support after 29% USTBL TVL milestone — watch $0.2899 for breakout; read technical levels and market flow insights.

What is driving Polygon POL price momentum now?

Polygon POL price momentum is driven by a structural TVL milestone — POL matched Ethereum with a 29% share of U.S. Treasury Bill TVL — combined with exchange outflows and subdued derivatives interest. This mix supports mid-term accumulation but keeps short-term volatility elevated.

How solid is $0.22 as POL support?

Price action hovered near $0.237 at press time and trended along an ascending line, making $0.22 the critical support to watch. If buyers defend $0.22, a move above $0.2899 would likely target $0.3426 and $0.4209. Failure to hold $0.22 increases downside risk and could widen intraday volatility.

Source: TradingView (chart); CoinGlass (flows and derivatives)

POL’s native token, POL (ex-MATIC), drew attention after matching Ethereum with a 29% U.S. Treasury Bill TVL share. That parity underscores demand for institutional-grade, low-fee blockchain exposure.

Why do exchange flows matter for POL price?

Exchange flows signal holder behavior. POL recorded outflows of roughly $608.78K, indicating supply leaving exchanges — often associated with accumulation by longer-term holders. Reduced exchange supply can lower immediate sell pressure but may increase volatility due to thinner liquidity.

Persistent outflows have supported a more stable mid-term base even as short-term traders show caution.

How does Open Interest affect short-term POL outlook?

Open Interest fell 8.10% to $142.54 million, showing traders reduced leveraged exposure following volatility. Lower Open Interest can limit abrupt swings but also reflects weaker conviction among speculators. If spot accumulation and TVL strength align, derivatives could re-leverage moves to the upside.

Source: CoinGlass

Can TVL strength offset short-term market caution?

TVL strength — notably POL’s 29% USTBL share — improves the fundamental case by signaling institutional positioning. However, near-term price action hinges on technical levels: holding $0.22 and clearing $0.2899. With reduced liquidity and lower Open Interest, moves could be amplified, so alignment of TVL and spot accumulation is key for a sustained rally.

Frequently Asked Questions

What are the next price targets if POL breaks $0.2899?

If POL breaks and holds above $0.2899, technical targets are $0.3426 and $0.4209, based on recent resistance clusters and measured moves from the ascending trend.

How do exchange outflows affect POL volatility?

Exchange outflows reduce available on-exchange supply, often signaling accumulation. While they can lower selling pressure, they also reduce liquidity and can increase short-term volatility during sudden market orders.

Key Takeaways

• TVL milestone: POL reached parity with Ethereum at 29% USTBL TVL, strengthening institutional demand signals.
• Technical pivot: $0.22 support must hold to avoid deeper correction; $0.2899 is the key breakout level.
• Flows & derivatives: Exchange outflows (~$608.78K) and -8.10% Open Interest reflect accumulation and reduced short-term conviction.

Conclusion

Polygon’s fundamentals are supported by meaningful TVL flows and exchange accumulation, but the immediate POL price outlook remains technical. Traders should watch $0.22 and $0.2899 for direction; sustained accumulation paired with higher Open Interest would confirm a durable uptrend. COINOTAG will continue monitoring flows and on-chain signals for updates.