A large trading range can be identified on the MATIC chart. After the price collected liquidity above the $2 level, a correction to the $1.5 level occurred. The price has now approached a key level, which is the middle of the trading range. In case of a squeeze and breakdown of the key level, there could be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.