Crypto
MATIC Bears Eyeing $0.31 as Price Struggles to Recover
MATIC price has been under bearish pressure in recent days, and the chart indicates that it may soon reach $0.31 unless a strong recovery can push it back up to $0.43.
The current downtrend is shown by the declining trendline on the MATIC chart, which has consistently broken lower highs.
This technical analysis suggests that the bears are in control, and if the price fails to break above $0.43, it could be heading for a retest of $0.31.