The buying force at $1.2 continuously helps MATIC increase again every time it approaches this zone. If MATIC does not lose this $1.2 zone, it will continue to rise to the $1.5, $1.8, $2.4 or even $3 zone. But if it loses the 1.2$ zone, it will continue to fall back to the 1$ zone

📈RED PLAN
🔴Buy : 1.17-1.23$. SL if B 🔴Buy : 1.47-1.53$ if A. SL if B 🔴Buy : 1.76-1.84$ if A. SL if B
📉BLUE PLAN
🔴Sell : 1.47-1.53$. SL if A 🔴Sell : 1.76-1.84$. SL if A 🔴Sell : 2.34-2.46$. SL if A 🔴Sell : 2.93-3.07$. SL if A
🟣PURPLE PLAN
🔵Sell : 1.17-1.23$ if B. SL if A 🔵Buy : 0.975-1.025$. SL if B
❓Details
📈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 1-day candlestick is Above the zone 🅱️B : The Close price of 1-day 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.