MATIC Bullish Momentum Shows Signs Of Weakening: Key Levels To Monitor

MATIC, following a notable price pullback that briefly dipped to $0.53, has encountered a slowdown in its bullish momentum. Over the past 24 hours, the altcoin witnessed a decrease of around 1.5% in its value, with weekly losses amounting to 4.8%. Currently, MATIC is hovering around a critical support level. This indicates that bears might dominate the upcoming trading sessions unless they move away from this support zone. To regain bullish traction, MATIC must sustain a price above the current support level. If successful, the altcoin may attempt to rise again. However, to fully restore its bullish momentum, it will

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Author: coinmaker