MATICUSD vs VARAUSD Correlation Map

VARA dumped for literally no reason other than traders are taking losses and FUD. The upcoming correction estimate puts target price of rebound at roughly $0.024 right now, this could increase substantially if MATIC pumps, which honestly may happen overnight considering traders that took losses on VARA are not permitted to reinvest in VARA thus they will no doubt choose correlated assets and there are just so many to choose from with POLYGON being somewhere at the top of the list.

I am not a financial advisor. Trade the range. Ignore the FUD. Stay safe my friends.