MATIC - $4.88

MATIC is currently trading near the support area of $1.31. There is a better support at $1.05 and we can see a drop towards that area. As long as MATIC stays above the support at at $1.05 and then takes back $1.31 area, we can start seeing a move towards $1.62, $1.96, $2.24 and $2.52. If it consolidates near that area, we could start seeing a move towards $2.92, $3.42 and $4.88. Failure to hold $1.05 could lead to a drop towards $0.73.