Long

MATIC to retest $0.95?

Updated
MATIC faced price rejection at $0.95, setting it to retrace near the range low.

In the second half of May, the price reacted to the $0.86 - $0.88 zone (cyan). This level could offer a long opportunity, targeting $0.95.

Entry: $0.882
Exit: $0.950
SL: $0.863

RR: 3.7
Trade closed: stop reached
snapshot

Price smashed the stop loss following the news of US SEC suing Binance and the founder.
maticmaticlongmaticlongsetupmaticnetworkmaticusdlongMATICUSDTmaticusdtlongpolygonmaticlongTrend Analysis

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