Analysis by #MATIC 🚀

🔹 Current situation:

The MATIC chart shows that over the last month the price fluctuated between $0.42 - $0.68. After the recent sharp drop, the price has begun to recover.

🔹 Support and resistance levels:

Support: $0.42 - $0.45 Resistance: $0.55 - $0.60

🔹 Potential entry points:

💰 $0.45 - $0.50: Excellent buying opportunity on a rebound from lower support.💰 $0.55: Entry when resistance is broken.

🔹 Price movement forecast:

If the price breaks the level of $0.55, an increase to $0.60 and higher is likely. If the downward trend continues, the level of $0.42 will become a key support.

🔹 Exit points:

💸 $0.60: Take profit when the upper resistance is reached.💸 $0.65+: Additional take when there is a strong upward impulse.

🔹 Recommendations:

Follow trading volumes and news related to the project. Use a stop loss at $0.40 to minimize risks.

📊 Result:

Matic (MATIC) shows potential for growth if the current resistance is broken. With proper risk management, you can get good profits.

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