Major League Soccer (MLS) has officially partnered with Polymarket to launch prediction markets for the 2026 season. This includes events such as the MLS Cup, All-Star Game, and Leagues Cup.
The league will oversee market integrity and regulate which bets are allowed, following compliance rules with third-party firms like IC360 and Sportradar. Players and staff are barred from trading or betting.
The move makes MLS one of the first major sports leagues to integrate crypto-backed prediction markets. Polymarket becomes the exclusive partner for fan engagement initiatives, marketing, and interactive betting.
The development signals growing mainstream adoption of blockchain-based sports prediction markets while maintaining regulatory oversight.
Meanwhile, the token continues to trade in a firmly bearish structure on the daily timeframe. The token is below all key exponential moving averages: EMA 20 at $0.1307, EMA 50 at $0.1324, EMA 100 at $0.1408, and EMA 200 at $0.1786. According to the TradingView chart, the recent January rally from $0.11 to $0.17 failed, creating a lower high and resuming the downtrend.
Bollinger Bands indicate that the token is moving closer to the lower band, which is a sign of strong resistance. Consistent falls from EMA points strengthen the strong overhead resistance.
Key support lies between $0.115 and $0.112, while further selling targets are $0.105 to $0.100. Resistance levels are $0.125 to $0.130, $0.146 to $0.150, and a strong macro barrier at $0.178.
The Relative Strength Index (RSI) is hovering around 38, below the 50 level, indicating that the sellers are still in a stronger position, as per tradingview chart.
The previous attempt to break above 70 was unsuccessful, and the steady decline indicates that there is a strong possibility of further decline before the oversold region is reached.
The MACD has produced a bearish crossover, with the MACD line at around -0.0040, the signal line at -0.00225, and the histogram parked in the negative region at 0.00175. Such a configuration further reinforces the view that the bearish trend is likely to continue, with any pullback being merely a corrective move.
The POL traders are still grappling with the risk of losses due to the bearish momentum that persists, indicating that losses will continue even as the short-term gains are mere corrections in the trend.
The entry of MLS into the Polymarket prediction markets indicates an increase in the use of blockchain technology in sports.
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