$MATIC /USDT Technical Analysis & Market Update
Current Price: $0.4049 (+0.57%)
MATIC is currently trading just above the key moving averages, with the price slightly above the 7-day MA at $0.4055, the 25-day MA at $0.4050, and the 99-day MA at $0.4033. This indicates a period of consolidation with a slight upward bias.
Resistance is identified at $0.4072, and a break above this level could lead to further gains. On the downside, support is observed at $0.4021, with a break below this level potentially triggering a pullback.
Long Trade: Enter above $0.4072, then Targets: $0.4100, $0.4150
Short Trade: Enter below $0.4021, then Targets: $0.3980, $0.3950
