1️⃣ COIN - #MATIC
FIrst of all, Polygon is a fundamentally strong coin with the well-developed blockchain. Active team and great market maker. During the next bull-run this coin has great chances of doing x2 - x3 from the current price
Talking about the technical analysis, there are two strong supports: $1.24 and $1.12. The zone between these levels is good for purchasing. We also marked some crucial resistances that can be used as a take profits for this trade.
Overall, it looks bullish.
FIrst of all, Polygon is a fundamentally strong coin with the well-developed blockchain. Active team and great market maker. During the next bull-run this coin has great chances of doing x2 - x3 from the current price
Talking about the technical analysis, there are two strong supports: $1.24 and $1.12. The zone between these levels is good for purchasing. We also marked some crucial resistances that can be used as a take profits for this trade.
Overall, it looks bullish.
#MATIC is now sustaining above the zone support zone and now forming a triangle formation. Breakout is still pending, wait for the price to break the triangle pattern. You can have some #MATIC after the breakout. Use low risk here.
In case the price breaks below the triangle pattern, price can easily dip to $1.30.
In case the price breaks below the triangle pattern, price can easily dip to $1.30.