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Matic "Head & Shoulders" pattern formation

It looks like MATIC formed a head-and-shoulders on its 4-hour chart!

A sustained candlestick close below the pattern's neckline at $0.79 could trigger a 16% correction toward $0.67. Invalidation of the bearish outlook comes with an upswing above the right shoulder at $0.86.
Chart PatternsTrend Analysis

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