MATIC Price Drops Present Buying Opportunity Before Expected Rebound

Polygon (MATIC) price has declined significantly in the past 48 hours after a two-week drawdown period.

Current low price presents a buying opportunity and chance to accumulate before a likely rebound.

On-chain data shows investors are currently at a loss, reducing likelihood of further selling pressure.

If bullish momentum returns, MATIC could reclaim $0.92 resistance level and target $1.00 next.

Support at $0.88 needs to hold to remain bullish, otherwise further declines towards $0.80 are possible.