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MATIC/USDT Chart Analysis:
Trend Shift:** Downtrend ➔ Uptrend
Technical Analysis:
- Price: $0.78
- Breakout: Above 200EMA
- Retracement: Channel Formation
Trade Setup:
- Entry: $0.807 (Confirm Channel Break)
- Stop Loss: $0.713
- Target: $0.946
Rationale:
- 200EMA breakout signals trend shift.
- Channel formation suggests upward potential.
- Targets set at previous swing highs.
Caution:
- Confirm entry on Channel Break.
- Manage risk with strict Stop Loss.
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