MATIC at a Crossroads⚔️: Triangle Breakout or Breakdown Looming?
#Polygon (MATIC) is nearing a critical juncture on the charts. The price has been consolidating within a triangle pattern, and a breakout is imminent.
The resistance level remains unchanged, posing a significant hurdle for #MATIC. If the price can decisively break above this level, it could signal a potential trend reversal and bullish continuation.
However, a breakdown below the triangle's support could indicate further downside pressure.
Currently, this isn't a clear buy or sell zone. Waiting to see which direction the price breaks is the most prudent approach.