The MaticUSDT price was one of the first to break out of the falling trend channel back in July this year.
Now MaticUSD is trading above the liquidity zone of $0.67 - 0.77
You can try a medium-term trade:
Entry $0.831
Stop $0.7624 (-8%)
Take profit $1.1974 (+44%)
Profit/loss ratio 5/1
You can also consider this trade as a long-term investment and hold it until the take profit of $1.90 (+127%)
You can also keep a larger stop on the position, around $0.67
There are many options, it depends on what parameters your risk and money management allows.
But it is probably not worth getting the Polygon token - Matic when the price will be below $0.67. After all, there is an "emptiness" below the liquidity zone and the possibility of the MaticUSDT price collapsing to around $0.4
_____________________
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Now MaticUSD is trading above the liquidity zone of $0.67 - 0.77
You can try a medium-term trade:
Entry $0.831
Stop $0.7624 (-8%)
Take profit $1.1974 (+44%)
Profit/loss ratio 5/1
You can also consider this trade as a long-term investment and hold it until the take profit of $1.90 (+127%)
You can also keep a larger stop on the position, around $0.67
There are many options, it depends on what parameters your risk and money management allows.
But it is probably not worth getting the Polygon token - Matic when the price will be below $0.67. After all, there is an "emptiness" below the liquidity zone and the possibility of the MaticUSDT price collapsing to around $0.4
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
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🔥V-I-P cutt.ly/PwkLhT56
👍Crypto activities and free💲 cutt.ly/0w9VqL2X
💰Trade here + take Bonuses linktr.ee/ps_trade
🔵Telegram t.me/pstrade_eng