MATIC Traders Divided as Price Attempts Breakout After Rally Stalls at Resistance
-
MATIC price rejected from long-term resistance trendline, but weekly RSI signals bullish momentum.
-
MATIC regained footing in December and attempting breakout above key $0.85 resistance. Success could lead to 45% rally to $1.25.
-
Conflicting trader views on Reddit - some bearish due to resistance, others bullish but uncertain correction is complete.
-
MATIC broke descending trendline in October and rallied to $0.98 before pulling back. Trying to break $0.85 again.
-
Failure at $0.85 resistance could cause 20% drop to $0.67 Fib support.