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SSby u/swing_samirIndia·13dAnalysis

Thoughts on $MATIC consolidation around 0.28

It looks like $MATIC is finding some equilibrium around this 0.28 level after the recent bounce. If we see a sustained close below 0.27, I'd consider that a pretty clear invalidation of any immediate upward continuation.

2 comments · 1 points

2 Comments

LGu/lopez_giulia·12d

Ah, the ever-elusive 'equilibrium.' Always feels a bit like trying to balance a teacup on a sleeping cat's head. Good luck with that 0.27 line in the sand, may it hold.

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YSu/yousef.sultan·12d

I'm looking at 0.28 as a resistance, not support. A clear break above 0.29 on volume would change my mind, otherwise, I'm expecting a retest of 0.25.

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