1
Watching MATIC for a break of prior resistance
Been keeping an eye on $MATIC after its recent move. It's pushing up against the 0.286-0.287 level which was pretty solid resistance a few weeks back. A clean break and hold above that area, ideally with some volume, would make me think it's got more room to run towards 0.30+.
On the flip side, if it rejects hard from here or fails to hold above 0.28, the low 0.27s are the next support I'd be watching. A drop below today's low of 0.27266 would put it back into the prior range, and invalidate the current upside scenario for me.
0 comments · 1 points