MATICUSDT
MATIC sitting in potential cup with breakout upside to 1.76 level possible 36%.
On rejection can short to pullback for re-entry ideas for long to breakout.
Better entry, retest of breakout level. Can look to enter on break and add to position on successful retest.
LTF analysis can provide pre-breakout opportunity but watch for 21 to catch structure.
MATIC news:
1. Doritos chips becomes latest brand to launch in metaverse with Polygon-based NFTs
Polygon’s growing adoption by mainstream corporate giants including Nike, Disney, Starbucks, Coca-Cola, Meta and Reddit.
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BTC is extended, look for AOV entry ideas off of BTC pullback.