Polygon (MATIC) Faces Key Resistance at $0.5720 Amid Recovery Attempt

1 min read

11 months ago bitnews

MATIC price has faced a significant drop of over 15%, testing crucial support at $0.5150. Despite a gradual recovery, resistance looms near $0.5650 and $0.5720, where bears might dominate. The decline commenced from the $0.6285 resistance zone, sending MATIC below $0.570 and its 100-hour simple moving average. A bearish trend line with resistance at $0.5720