MATICUSDT ! Correction to support. Growth from level😎

2022年8月11日

MATICUSD. The price is trading in an ascending price channel, but inside the channel a different situation is developing - a narrower price channel has been formed and the price is correcting after a false breakdown to this zone.

On the chart I marked a support zone, which will be a key nuance in the development of events, either the break-down and we will see the fall to the support of the global price channel, or growth, but it is worth orienting to this zone 0.93-0.94

I assume that since the trend is ascending, we might see growth from the local support. The short-term target is the zone of resistance and liquidity - 0.9928.

Regards R.Linda!