🔥 MATIC Reversal: Bears On The Winning Hand

A while ago I made an analysis on MATIC. In that analysis I noted that we were trading near the top of the bullish channel, and we were either breaking bullish or reversing back into the channel.


With BTC weakness, it was to be expected that MATIC would see more bearish price action and reverse. Not sure if MATIC will fall back all the way to the channel's support, but would certainly keep an eye on it for a potential entry.

Happy trading!