$MATIC $MATIC is the coin that beautifully navigated the bearish period as a structure. A regular Price Action has occurred. The loss of the red line triggers the blue box. The blue box is suitable for bounce trading, but obtaining confirmation in LTF (Lower Time Frame) and building long positions targeting the purple line after the red line would be healthier. If it reaches the purple line without losing the red one in the short term, the target for my purchases from the blue box will form a new high due to diagonal liquidity.

Best of luck.

Source: @dd_finance on X