Long

MATICUSDT Local Range| Range High| Range Low| Trend

616
Evening Traders,

Today’s analysis – MATIC – trading at range high resistance where a break will be bullish,

Points to consider,
- Price Action Trending
- Swing High Objective
- Range High Resistance
- Declining Volume

MATICUSDT’s immediate price action is trading under a key resistance – range high- that needs to be broken with an impulse.

The swing high is the current objective, exceeding this level will increase the probability of a trend continuation.

The current volume is on a decline, this is indicative of an influx when testing key trade locations.

Overall, in my opinion, MATICUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps

Thank you for following my work

And remember,

It does not matter how slowly you go as long as you do not stop.”Confucius

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