Hello 👋 MATIC broke out of descending channel. Ran up to 0.425 where it saw heavy resistance (red zone) causing a significant retrace. Popping on Fib - it looks to be a 0.5 retrace. Currently it found very strong supports at the 0.35-0.36 zone with 1. horizontal support zone (green) 2. current bull run trend line (in red) 3. EMA 50 currently at 0.355 and EMA 20 at 0.36 I anticipate this support to hold. A green 4H candle should validate it. And if BTC continues to remains in its bull channel, MATIC will likely make another run. This is a good long entry for a RR of 4 with SL at 0.345 (right below 0.618 Fib retrace) and 1st target of 0.42, where if I were to swing trade, I would take 50% profit. This is pure TA for your entertainment and in no way a financial advice. Have a good day!