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MATICUSDT - SHORT 1H - TARGETS and STOPLOSS

Short
MATIC Network / TetherUS (BINANCE:MATICUSDT)  
cryptodailyuk  
BINANCE:MATICUSDT   MATIC Network / TetherUS
Trend Analysis Technical Indicators Fundamental Analysis matic MATICUSDT maticshort short 1hourchart Fibonacci Retracement fibonaccianalysis targets stoploss
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trendanalysis indicator fundamental matic maticusdt maticshort short 1hourchart fibonacciretracement fibonaccianalysis targets stoploss
Hello everyone, let's take a look at the 1H MATIC to USDT chart as you can see the price is moving above the local uptrend line.

Let's start by setting goals for the near future that we can consider:
T1 - $ 0.7832
T2 - $ 0.7871
T3 - $ 0.7906
T4 - $ 0.7942
and
T5 - $ 0.7991

Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.7806
SL2 - $ 0.7790
SL3 - $ 0.7776
SL4 - $ 0.7757
and
SL5 - $ 0.7737

Looking at the CHOP indicator, we can see that in the 1H range we still have a lot of energy, while the MACD indicator shows the local upward trend.
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