Polygon

<ul><li>MATIC shows potential for recovery if it breaks resistance levels in descending channels.</li><li>Critical support between $0.30 and $0.35 could trigger a bullish reversal for MATIC.</li><li>Oversold conditions and a recent price rise may signal a buying opportunity for MATIC.</li></ul><a href="https://cryptotale.org/analysts-highlight-critical-support-levels-for-matic-and-link-amid-drops/" rel="noopener noreferrer nofollow">MATIC</a>, the cryptocurrency tied to the Polygon network, is showing signs of a potential recovery. Trading around $0.43, the asset could be poised for a significant rebound, possibly reaching as high as $1.50 as highlighted by analyst ZAYK Charts.The weekly chart for MATIC/USDT highlights a persistent bearish trend marked by descending channels. This trend has been characterized by a series of lower highs and lower lows, indicating a consistent downward trajectory over recent months. The price has faced resistance from these channels, making them crucial in understanding future movements. The upper boundaries of these channels represent significant resistance levels that MATIC must surpass to signal a recovery.MATIC is approaching a critical support range between $0.30 and $0.35. This area has historically been a strong zone of buying interest, showing resilience during previous price declines. As the price tests this support level once more, it suggests a potential for a bullish reversal if the support holds. A solid defense of this level could set the stage for a recovery.<a href="https://cryptotale.org/matic-sees-244-potential-rebound-next-target-at-1-50/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

MATIC Sees 244% Potential Rebound: Next Target at $1.50

CryptoTale

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