if bitcoin keeps dropping again on the price and sentiment is bearish as it is for the moment , $Matic is simply following the other market trend and will continue to drop further , watch for these level to be broken and then retested , once level is broken it will get retested and if its rejected next level down is possible , same for upside too , be cautious on this hard times and be sure you DCA into market in lower prices so you can profit in next bullish phase.