MATIC-USD (Daily)

1. Price Action

- Omega Trend: BULLISH
- Flow: BULLISH (recent retest of signal line = me likeyyyy)
- Deviation: BULLISH (heating up a bit though)

2. Technical Analysis

- Breakout of the EMA20 : BULLISH (although we might retrace to grab liquidity)
- Close local resistance: BEARISH (usually short term though)

3. News

- Rising TVL score: BULLISH
- Meta NFT Partnership: BULLISH
- Coinbase support: BULLISH

4. Moon Score

7/8 (BULLISH)

Two Scenarios:

1. We break local res to 1.08-1.10 then correct to current price around 1.02-1.04, then moon!!!
2. We retrace to 0.98-0.96 to liquidate some leverage longs then send it back to 1.10 and beyond….