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Polygon Eyes 2x Upsurge From Broadening Wedge Pattern

  • Polygon (POL) has experienced a bullish breakout from a broadening wedge pattern, signaling a potentially strong upward move.
  • Technical indicators suggest that POL's short-term outlook is improving and its next target could be $0.31.
  • The breakout from the pattern, accompanied by positive sentiment and growing volume, sets the stage for a stronger rally.
  • However, there is a risk of a false breakout and potential pullback if the price fails to hold above $0.31.

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