MATIC Analysis:
MATIC breaks the $1 support after multiple retests. We already warned you about MATIC in previous posts. MATIC is now heading towards the major support zone from where the rally starts. The support zone is $0.75 - $0.82 area. MATIC needs to hold above $0.75 otherwise we will see a new downtrend that will lead MATIC to $0.5 or below. Good long opportunity at the support zone of $0.75 - $0.82 with a stop loss of below $0.74. MATIC may retest the $1 resistance zone in the coming days.
MATIC breaks the $1 support after multiple retests. We already warned you about MATIC in previous posts. MATIC is now heading towards the major support zone from where the rally starts. The support zone is $0.75 - $0.82 area. MATIC needs to hold above $0.75 otherwise we will see a new downtrend that will lead MATIC to $0.5 or below. Good long opportunity at the support zone of $0.75 - $0.82 with a stop loss of below $0.74. MATIC may retest the $1 resistance zone in the coming days.