Matic Short with Targerts, Plus Bonus Target!

Matic Short with Targerts, Plus Bonus Target!

Price action and indicators:

  • BINGX:MATICUSDT is at the top of its macro ascending wedge 🐻
  • Swing failure pattern at key resistance level 🐻
  • Divergence for Many Indicators confirmed bearish divergence on the HIST and MOM 🐻
  • Stochs are frying 🐻
  • PMARP overheated, not where smart money is accumulating 🐻

    Risk management and targets:

  • Matic must close above 2.78 to flip direction, stops above ❌
  • Targets are the white lines below 🎯
  • Bonus measured move target if price breaks down from its macro ascending wedge 🎯