Polygon(MATIC): Re-Test Looking Good / Short Setup

Polygon Coin has made a decent breakdown of the local support zone, and the price is now having a re-test of that same broken zone.

We are now looking for full rejection near that zone and further downward movement beyond that target zone!

Swallow Team

Comment:

Polygon is still looking weak near the re-test zone, but yet we do not see that sharp rejection (which we are waiting for).

We keep an eye on potential moves here to lower zones, and if we get one, then the target zone should be reached!!

If not, then most likely a re-test of EMAs.

Comment:

The good rejection on the Polygon coin showed 15% of the marketprice price movement so far!