Polygon's native token, POL, is showing signs of recovery, trading at approximately $0.0942 with a 5% daily gain and a 13% increase over the past week. The token's market capitalization has reached around $1 billion. Despite trading below key resistance levels, Polygon's network activity surged to an all-time high of 711 million transactions in Q1 2026, a 49% increase from Q4 2025, indicating strong user demand and ecosystem growth. Technical analysis reveals POL is forming a Falling Wedge pattern, a bullish reversal structure. The token faces resistance at $0.10 and the 100-day moving average at $0.1053. A breakout above these levels could lead to a significant recovery, with a potential target of $0.2328. Conversely, failure to break resistance may result in further consolidation, with support at $0.08118.