MATIC Nears Resistance, Breakout Watch! ๐
MATIC is currently forming an ascending triangle, a #bullish continuation pattern. The price is nearing the resistance zone between $0.75-$0.77. If #MATIC breaks above this area, a significant upswing could be on the horizon.๐ถโ๐ซ๏ธ
However, hold off on entering long positions until a confirmed breakout occurs.๐ฉ Technical analysis provides valuable insights, but market conditions can change rapidly.๐ซจ