Maticusdt has been trading in a descending channel for weeks but it broke out few days ago. Matic continues to consolidate in a mat pattern below the resistance zone, it's plausible we see a break out of the pattern in attempt to break the $1-$1.23 resistance or either way price breaks down to retest the previous low in the same falling channel which is very faint. A good entry zone is the $1 /$1.23 resistance zone and as usual do watchout for breakout with a valid retest of the target to confirm long postion. Your likes and comments would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
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Price is still consolidating inside the mat pattern. Watch out for breakout or breakdown, trade entries guide can be found in the previous caption.
