Long

MATIC/USDT upward momentum from demand? 👀🚀MATIC Analysis

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đź’Ž Paradisers, turn your attention to #MATICUSDT, currently showing a promising indication of an upward trend, having recently broken above its descending trendline and gearing up for a bullish move from a key demand zone.

đź’Ž #POLYGON has been closely following a descending trendline, and its recent break above it has opened the door for a high probability of a bullish move. This is particularly evident from the retest at the demand zone around $0.8791, which is expected to further strengthen the bullish momentum.

đź’Ž However, should #MATIC encounter difficulties in sustaining its position above the $0.8791 demand level, it may become necessary to revisit and modify our trading strategy. Under such circumstances, our focus would shift towards initiating a bullish movement from a lower, strategically significant support level at $0.8412.

đź’Ž Keeping a close watch on this level is crucial, as failing to maintain it could necessitate a strategic pivot, potentially highlighting challenges in upholding a bullish market direction for #MATIC.

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