Description
⋅ Polygon MATIC declined into the daily range zone between $0.89 and $1.01 where we will continue to observe a slow and choppy price action.
A bullish break-out of $1.01 will result in a move to re-test $1.14-$1.20.
A bearish rejection of $1.01 will push MATIC price in the key daily support at $0.89.
And, a bearish break-out of $0.89 and a sustained price action below this support will make bears active towards $0.75.