MATIC Price Update and Analysis in Weekly Timeframe

MATIC hit the lower support level as expected. Since our previous update, MATIC has dropped 30% and is currently holding within the support range of $0.316 to $0.387.

It is crucial for MATIC to hold this support because if it fails and breaks down, things could turn out poorly.

Key Observations (Remains the same):

~ Lower Support/Entry: $0.387
~ Liquidity Level: $0.316 to $0.387
~ Resistance: $0.9860
~ Long-term Target: $2.923 (All-time high)

DYOR. NFA.

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#PEACE