Short
MATIC down trend
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MATIC has experienced two pump consecutively, which the first one was really sharp, during the second surge, MATIC made a three drives, which has been marked on top middle. When it reached to $2.88 resistance zone its downtrend began.
MATIC has already examined its $1.50 support level a couple of time and pierced in it, though the aforementioned support zone.
If MATIC reacts properly it will bounce up to $2.10 resistance level and with the bullish trend of market will surge upward again, otherwise MATIC may crash into $0.99 & $0.62 support zones respectively.
This is a personal idea and I am not a financial adviser
MATIC has experienced two pump consecutively, which the first one was really sharp, during the second surge, MATIC made a three drives, which has been marked on top middle. When it reached to $2.88 resistance zone its downtrend began.
MATIC has already examined its $1.50 support level a couple of time and pierced in it, though the aforementioned support zone.
If MATIC reacts properly it will bounce up to $2.10 resistance level and with the bullish trend of market will surge upward again, otherwise MATIC may crash into $0.99 & $0.62 support zones respectively.
This is a personal idea and I am not a financial adviser
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