$MATIC showing some life, but is it sustainable above 0.28?

Watching $MATIC today, seeing that move above 0.28, currently at 0.2826. It's nice to see some upside, but I'm not convinced this breakout has legs just yet. We've seen these pushes before, only for it to fail to hold these levels and revert. The intraday high was 0.28664, and if it can't sustainably hold above that tomorrow, then this might just be a liquidity grab before another dip.

My concern is a rejection around 0.286 and a slide back towards 0.272. That 0.272 support is critical; a break below that would invalidate any bullish short-term sentiment I'm feeling and open the door for a retest of lower levels. It's too early to call this a definitive trend reversal without more confirmation.