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How MATIC traders can make the most out of this pattern’s break

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.MATIC’s bearish break below the $1-mark has exposed the alt to fresher multi-monthly lows over the past month.

The recent patterned break has been struggling to topple the 23.6% Fibonacci resistance on the daily timeframe.The broader liquidations aided sellers in pulling MATIC below the four-month trendline resistance (yellow, dashed).

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