MATIC is a very strong project from a fundamental point of view. The price has risen from its low to its high by more than 10,000%. Since May this year, the price has been in a downtrend. But as the bull market for bitcoin continues, we should expect a resumption of growth. A trend line has now formed on the chart, the price has broken through it and is now testing it as support. On the technical analysis side, this is a good buying opportunity.
Resistance lines are marked at the top.
In case of a false breakout, the price may correct to the area marked below.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.