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MATIC|USD: Strong bearish activity!?

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MATIC has failed to hold above $2 and is now considered a bearish narrative. The price will likely bleed lower for the next few months as investors are traumatized, and will sell any pops fast. The 200D Moving Average is currently at $1.61, so any short-term bounce must hold above this level for bulls to regain control!!

(My time-frame looks out to July 2022: I'm LONG)

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