#MATIC/USDT⚡ chart analysis - 4H
$MATIC is currently in a #DownTrend , establishing new lows while trading below the 200EMA. The price is currently undergoing a pullback near the #EMA200 resistance, and it is anticipated to soon face rejection from this level, continuing its downward momentum. Further declines are expected to test new lows.
Entry : $0.6932
Target : $0.5567
SL : $0.7737
