MATIC is correcting after being rejected at 1.1$ and it is heading towards 0.95$, which is very strong support and buying here could help MATIC rise strongly to 1.25 and 1.8$ in August. However, if MATIC loses the $0.95 zone, it will fall back to $0.75

📈RED PLAN
🔴Buy : 0.93-0.97$. SL if B 🔴Buy : 1.22-1.28$ if A. SL if B
📉BLUE PLAN
🔴Sell : 1.22-1.28$. SL if A 🔴Sell : 1.76-1.84$. SL if A
🟣PURPLE PLAN
🔵Sell : 0.93-0.97$ if B. SL if A 🔵Buy : 0.73-0.77$. SL if B
❓Details
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone

  • Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
  • Using Polygon, one can create Optimistic Rollup chains, ZK Rollup chains, stand alone chains or any other kind of infra required by the developer.
  • Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc with the advantages of Ethereum’s security, vibrant ecosystem and openness.
  • The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.