MyCryptoParadise

MATIC/USDT Bullish Potential in Demand Zone?👀🚀MATIC Analysis

Long
KUCOIN:MATICUSDT   Polygon / Tether
💎Paradisers, let's delve into #MATICUSDT as its showcasing a compelling pattern in the market. Positioned in a demand zone, it is hinting at a possible bullish movement.

💎 Recently, #MATIC faced resistance at the $0.8796 level and is now regaining momentum within the demand zone. This sets the stage for another attempt to breach the supply level where it was previously rejected. A successful break above this level could significantly increase the likelihood of reaching the major supply level at $0.9461.

💎 However, savvy traders always have a Plan B. In this scenario, if #Polygon fails to sustain its upward momentum, we might see a bullish recovery from the bullish Order Block (OB). But caution is key: if #MATIC falls below this OB level, it could signal the start of a downward trend. 🌴💰
Trade closed: target reached:
💎 Boom! #MATICUSDT is doing just what we said. Up 31.67% and looking good!
Comment:

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