MATIC/USDT
MATIC is now trading at the major support of $1 area. MATIC need to hold this level.
If it breaks $1 and give a candle close below it then we see more downwards movement. The last support for MATIC is $0.65 - $0.7 area for this bull run.
MATIC is facing downtrend line resistance and also forming a symmetric triangle, a breakout in upward direction will send MATIC towards $1.4 resistance and major resistance is at $1.65 area.
If it breaks $1 and give a candle close below it then we see more downwards movement. The last support for MATIC is $0.65 - $0.7 area for this bull run.
MATIC is facing downtrend line resistance and also forming a symmetric triangle, a breakout in upward direction will send MATIC towards $1.4 resistance and major resistance is at $1.65 area.
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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.