Large range channel

MATIC is inside a large range channel in the daily timeframe between the resistance of $1.0751 and the support of $0.7475. The weekly MATIC candle has a long upper shadow; if it closes like this, the price correction could be deep. Therefore, the support level considered for MATIC is $0.8487. So, if we see signs of support, we expect price growth again.
Fundamental AnalysisTechnical IndicatorsmaticMATICBTCmaticusdMATICUSDTpolygonTrend Analysis

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