MATIC trending higher, key steps for breakout
Matic is currently trading at $1.4, up 15% from yesterday's close. However, don't immediately hop on a pump. Price is currently approaching significant downtrend resistance, which might lead a retracement to the 1.3-1.2 zone.
In the case of a breakout from resistance, we may expect a large move in the mid-term, with targets at 1.7 and 2.4.
In the case of a breakout from resistance, we may expect a large move in the mid-term, with targets at 1.7 and 2.4.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.