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Strong Rejection or New ATH?

COINBASE:MATICUSD   Polygon
MATIC is at a huge resistance. if it can close and hold above it, it's gonna have a nice breakout. If it cant hold, look to catch the falling knife! My bet is on breakout. See trend exhaustion. When it's above the golden line, it's bullish. when it's below it, it's bearish. so if the trend exhaustion bounces off the golden line, which i think it will, get ready for a nice bear butt hole rip! But be patient and wait for daily close.

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