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MATIC $1.3 or $0.6? explained in Description

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As you can see in the vertical volume profile, most of the matic was traded between 0.87-0.90 which is working as a strong resistance for matic now.
0.90-0.93 is the second highest trading zone in last 5 month.
0.80-83 is working as a support which is the 3rd highest trading zone.
And currently Mr. Matic is getting rejection from the biggest resistance zone (0.87-0.90) and also getting support from 3rd highest trading zone (0.80-0.83)

(Don’t forget to Follow and Support)

A lot of people keeps saying that matic is going to $1, $1.2 but the sad reality is matic is facing the big resistance zone but horizontal volume is not increasing. Need a lot of energy to break that zone but in next some days, matic is not reaching $1 and the RSI is showing strong bearish momentum

If it breaks below 0.77, we may see it at 0.57-0.63

Summary: Matic is not reaching $1, breaking below 0.77 will send it to 0.57-0.63. I am 80% sure of it
Always do your own technical analysis.

ملاحظة
This is a forecast for next 1-2 month. Market can change anytime. So this situation can reverse in near future. So trafe safe.
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Sidewise movement in next some candle
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Remember we need a confirmed break below $0.77 for reaching $0.6 according to this analysis
ملاحظة
Already 4.5%(almost) down after this post was made

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