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Polygon [MATIC] will see more sell pressure below $0.9780

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Price action faced rejection at the bearish OB on the 2-hour chart at $1.0140 and dropped to bullish OB at $0.9854 (cyan).

A close below the support (cyan) and confirmed downtrend could push MATIC to $0.9515 ( a bullish OB on the daily timeframe).

The RSI and OBV dipped - buying pressure eased. But RSI was in a neutral position.

Entry: $0.9780 (below bullish OB)
Exit/target: $0.9515 (lower support)
Stop-loss: $0.9865 (above the bullish OB)

R:R - 3
İşlem kapandı: durdurma seviyesi
Price closed above the stop loss.

Feragatname

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