Short
3D chart looking Bearish matic usdt
Gaussian channel comes in to play on the 3 day. Can price make it back to the mean or will we see a heinous rejection pushing price down. Recent news of Sandeep transferring 1.4B tokens as per the vesting schedule may not help as Matic devotees were in disbelief. Remeber when the matic devs were accused of dumping tokens? Price got hammered. Will price rally? that is the question. Matic has performed incredibly since the nasty dump recovering well above expectation. Long term still bullish on this project, Waiting to see how the market plays the upcoming Eth merge. (Sell the news)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.