2 possible matic price movement
1)WE saw a supply zone with lots of imbalance not filled on 30 mins chart, so we expect price to come back up to around 2.63 before running the liquidity below 2.41. (if price went to take the liquidity below 2.41 first before mitigating the supply zone @2.63, then the supply zone is less likely to hold.
2) As matic is still overall bullish, we expect price to run the liquidity at the ATH @2.925 on higher time frame. Hence we expect accumulation which already started forming, expecting the spring to be in the highlighted demand zones before price starts running 2.925.
1)WE saw a supply zone with lots of imbalance not filled on 30 mins chart, so we expect price to come back up to around 2.63 before running the liquidity below 2.41. (if price went to take the liquidity below 2.41 first before mitigating the supply zone @2.63, then the supply zone is less likely to hold.
2) As matic is still overall bullish, we expect price to run the liquidity at the ATH @2.925 on higher time frame. Hence we expect accumulation which already started forming, expecting the spring to be in the highlighted demand zones before price starts running 2.925.