#MATIC/USDT Technical Analysis:-
MATIC/USDT is currently trading at $1.27.
Ascending trendline has broken down, indicating a bearish trend in the short term.
HTF ascending trendline support has turned into resistance at $1.30.
Wait for confirmation before opening any trade.
If the price falls below recent low of $1.193, expect the price to drop further to around $1.
If the price breaks upward at $1.35, expect a bullish trend.
Keep an eye on support levels at $1.07 and $0.90 and resistance levels at $1.35 and $1.52.
RSI is not in the overbought area, good entry point would be when RSI hits below 30.
Make trading decisions based on confirmation, not blindly.
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