MATIC Faces Pivotal Moment as Price Hovers Near Key Support Level
• MATIC price trades above long-term horizontal support after November breakout • MATIC bounced recently but failed to clear descending resistance and Fib resistance • Weekly RSI gives bullish reading, but daily chart undetermined on future trend • Breakout can drive 13% rally to $0.92, while rejection may prompt 12% drop to $0.72 • MATIC facing key test at 0.382 Fib level that will determine next major move