The price reached the deman zone on the daily timeframe. We can see that the price formed a double bottom. BINANCE:MATICUSDT broke and closed below the upward channel. I think the market might move up to retest the resistance because, on the weekly timeframe, we have strong rejection going on. Also, the market fell below the range zone and quickly rolled back, creating spikes. I expect it to continue to move in the accumulation phase, followed by a bullish move. My goal is the resistance at 0.8580
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻