karthiksai

MATIC's bounce is not backed by volume, Can test 100 sats level

karthiksai Updated   
BINANCE:MATICBTC   MATIC Network / Bitcoin
Matic's bounce from 113 sats to 145 sats is not backed by enough volume to consider it as a reversal of trend. It already looks worn out on the 1 hour RSI. 100 sats support level is where the stops lie. A meaningful reversal can be expected only after testing that level.
Trade active:
Placed a buy stop order at 101 sats.
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