Lingrid | MATICUSDT long from the KEY Support level

22 мая

The price perfectly fulfilled my previous idea. It reached the target level. BINANCE:MATICUSDT has made a significant bullish move, bouncing off the support level at 0.7000. The price has broken and closed above this key level, suggesting a potential upward momentum. On the daily chart, we see a strong bullish candle, which reinforces the possibility of a retest of the resistance level. Moreover, the market has broken out of the range zone and quickly retracted, creating a classic breakout-retest scenario. I anticipate the price to continue its upward movement, targeting the resistance level and the channel border. My goal is the resistance at 0.7780

Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩‍💻