๐ฃ MATIC AT A DISCOUNT PRICE AND READY TO TAKE OFF
Polygon (MATIC) is trading at 0.2590 USD, following a recent drop that left it at an attractive level
Although many might see it as a warning of weakness, the current technical scenario and fundamental narrative point to a significant upcoming takeoff
๐ In its daily chart, a consolidation structure is forming after a previous impulse, creating a 'fighting range' pattern between 0.24 and 0.28 USD
The RSI is exiting the oversold zone, the MACD is close to a bullish crossover, and the volume is closing on each rebound, suggesting that demand is starting to outweigh supply
๐ Technically, these are key levels:
Strong support around 0.24 โ 0.25 USD
Next resistance at 0.28 USD โ if broken with volume, it could go to 0.30 โ 0.32 USD this month
In an even more bullish scenario, some analysts see potential to rise up to 0.45 โ 0.50 USD in the coming months
๐ On a fundamental level, MATIC โwhich is now evolving to โPOLโโ maintains a strong ecosystem:
Its adoption in DeFi solutions and rollups is growing
Upcoming launches like Heimdall v2 increase expectations
Its use in payments with USDC and real estate token launches positions it as an L2 with wide real utility
๐ก In summary, $MATIC is cheap in relation to its history and current potential
The presence of whales and developers reinforces the idea of silent accumulation, and its technical structure is ready to trigger a possible rally of 20% to 100% depending on the levels and momentum confirmed this week
๐ You can trade directly from the chart with clear levels and without getting carried away by emotion ๐๐๐
#MATIC #POL #AltcoinEnAlza