Polygon (CRYPTO:MATIC) is showing signs of a potential bullish push as daily active addresses recover, suggesting increased platform engagement that historically correlates with positive price movements.

Despite the optimistic uptrend in user activity, the RSI indicates MATIC is neither overbought nor oversold, hinting at a balanced market that could lean towards further buying opportunities and price increases.

However, a cautious tone is set by the EMA lines, which suggest ongoing consolidation rather than immediate bullish momentum, advising investors to brace for a period of stabilisation before any significant uptrend.

The mixed signals from MATIC's active addresses, RSI, and EMA lines paint a complex picture for its short-term market position, balancing between renewed interest and the need for cautious optimism.

With support levels identified at $0.95 and $0.90, MATIC's near-term market movements will be crucial to observe, as they could either reinforce the consolidation phase or pave the way for a bullish breakout towards higher resistance points.