Posted 2/16/2024, 2:00:00 PM
Polygon Faces Crucial Resistance Test at $0.93 That Could Make or Break Bull Run
- Polygon (MATIC) price reached 800-day descending resistance level around $0.93
- MATIC needs to break through resistance to continue upward trend toward price target of $1.54
- Bullish signs include rising weekly RSI and potential completion of wave 3 per Elliott Wave theory
- Failure to break resistance could lead to 20% price drop toward support around $0.73
- Article provides price analysis and prediction but advises conducting own research before trading