🔥 MATIC Closing In On Perfect Reversal Area

A couple of days ago I made an analysis on MATIC. Here I argued that there was a decent possibility for MATIC to reverse from the top of the channel and make a bearish move.

Today was one of the most bearish days since the massive sell-off two weeks ago. During this period, MATIC has almost reached the yellow area around the channel's support.

Once the price reaches the yellow area I'll be scouting for a potential entry. Be aware that if BTC will remain bearish the price will fall right through the support. BTC is key.

Happy trading!