MATICUSDT wants the pullback?

MATICUSDT has broken below its dynamic support, indicating a potential shift in market sentiment. The price is currently testing the critical support area of 0.95 USD.

Based on Fibonacci retracement levels, there is a possibility that the market may experience a pullback towards the 0.618 level before resuming its bearish impulse. This creates a potential opportunity for short selling, in line with Plancton's rules for trading.

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Follow the Shrimp 🦐

Keep in mind.

• 🟣 Purple structure -> Monthly structure.
  
• 🔴 Red structure -> Weekly structure.
  
• 🔵 Blue structure -> Daily structure.
  
• 🟡 Yellow structure -> 4h structure.
  
• ⚫️ Black structure -> <= 1h structure.
  

Follow the Shrimp 🦐