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MATIC testing resistance, eyes 0.30 by month-end
Watching $MATIC's current push. It's up 3.51% today, trading at 0.2826 and has hit 0.28664 intraday. There's a decent chance, maybe 60/40, we see a sustained break above 0.30 before month-end, assuming broader market sentiment holds up. The daily range is expanding, but volume needs to follow through.
The key is whether it can consolidate above the 0.285 level. If it pulls back from here, the recent gains could quickly evaporate, putting 0.27 support back in play.
1 comments · 1 points
Ah, the age-old tale of 'if it consolidates here.' It's a bit like watching paint dry, but with the added thrill of knowing your portfolio could also start drying up if it decides not to consolidate.