#MATIC/USDT⚡ chart analysis - 1H
$MATIC is indeed in a downtrend, hitting new lows while trading below the 200 #EMA . Currently, the price is facing rejection at a resistance zone near the 200 EMA after a pullback. It is expected that the price will continue to test new lows in the upcoming period.
#Entry : $0.577
Target : $0.535
SL : $0.606
