MATIC formed inverse head and shoulder and traded near to its neckline. Here we have to keep an eye on a successful breakout of the neckline, which will confirm its bullish move towards the upper marked resistance levels.
If MATIC loses strength and lost its right shoulder path then that would be a sign of another leg down in MATIC. Some further price action will confirm its direction.
If MATIC loses strength and lost its right shoulder path then that would be a sign of another leg down in MATIC. Some further price action will confirm its direction.