๐จ MATICUSDT Urgent Update ๐จ
๐ฃ #MATIC is in the accumulation phase
๐ 1D Timeframe Analysis:
1. Current Situation:
Polygon (MATIC) has underperformed over the last year.
Now showing potential for a turnaround.
2. Recent Movement:
๐ Decline in mid-April.
๐ Entered a medium-term sideways trend.
3. Support and Resistance:
๐ข Support Level: ~$0.65
๐ด Resistance Level: ~$0.75
4. Consolidation:
MATIC is moving within a "price channel" ๐.
Exit from this channel may likely be upward.
5. Potential Move:
The accumulation stage could transition to an impulse stage.
No clear confirmation yet, but an upward move is probable.
6. Action Plan:
Wait for additional confirmations before making a move ๐.
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Understanding CeDeFi_ ๐
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Examples:
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