Matic might break lower here and retrace

At first glance this is a bullflag being painted / accumulation before take-off, but I've traded matic during it's run up to ATH and it's just not showing anything near the strength that it was showing before.

Narrative also seems weaker now that ETH gas fees have become more acceptable and EIP1559 is just around the corner.
Chart PatternsTechnical IndicatorsTrend Analysis

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