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Matic/USDT Going to keep this one simple; like many other co | Asymmetry

Matic/USDT

Going to keep this one simple; like many other coins that I will cover today, Matic is in a downtrend. However, this coin has held up better than most.
We have a clear downward channel that will need to be broken above to confirm a change of trend in the longer term; ideally, for bulls, the $1.25 resistance will also need to be reclaimed as support for the buyers to be back in control. The other level to watch for support is around the $0.50 region, as this is the weekly and monthly level of support. Anything below this will likely send price back to $0.30