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#MATIC/USDT

#MATIC

The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern

We have a bounce from a major support area in the color EUR at 0.5340
We have a tendency to stabilize above the Moving Average 100

We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it

Entry price is 0.5500
The first target is 0.5980
The second target is 0.6307
The third goal is 0.6720
Chart PatternsTechnical IndicatorsmaticMATICBTCmaticlongmaticnetworkmaticusdMATICUSDTmaticusdtlongMATICUSDTPERPTrend Analysis
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