MATIC/USDT In the Crucial Zone, MATIC Need Bounce to Continue Up
đź’Ž MATIC is undeniably on our radar. Currently, it's nestled within a support zone after facing a staunch rejection from the daily resistance. This juncture will determine MATIC's next move: either ascend to re-challenge the daily resistance or descend towards the imminent demand zone around $0.537.
đź’Ž If MATIC does dip to this demand and witnesses a strong rebound, it could be indicative of a liquidity sweep, which often precedes a significant bullish rally.
đź’Ž However, should MATIC struggle to regain its footing in the support zone post touching the demand, it might be a red flag. This could suggest a potential further decline for MATIC, possibly towards the next support level and even potentially to the critical support zone.
đź’Ž If MATIC does dip to this demand and witnesses a strong rebound, it could be indicative of a liquidity sweep, which often precedes a significant bullish rally.
đź’Ž However, should MATIC struggle to regain its footing in the support zone post touching the demand, it might be a red flag. This could suggest a potential further decline for MATIC, possibly towards the next support level and even potentially to the critical support zone.
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Declinazione di responsabilitĂ
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