#MATIC presents a good mid-term opportunity to break out from its recent downtrend, as price shows signs of a potential upside breakout📈

#MATIC is found support around $0.73 and after recent Ethereum price increases🧐

Token is now trading higher above that support level, increasing chances of further upside with short-term targets around previous levels📝

#MATIC shows descending channel on 3-days timeframe🧐

Breakout from channel could spur bull run📈

First target price if breakout occurs is around 1.50🎯

#MATIC broke out of a large wedge pattern👀

The $0.73 price level provided repeated support and held as a floor🔺

With support tested and holding, strong bullish upside moves are expected soon📈

#MATIC appears poised to break out of a symmetrical triangle in the 3D timeframe🧐

A successful breakout could yield over 100% profits📈

#MATIC

Token has finally broken out of a descending channel consolidation, suggesting a solid recovery towards $1.30 in the coming weeks🚀

#MATIC has reached a bullish support zone last tested in June 2022👀

The weekly candle shows a long lower wick, indicating strong rejection at lower levels🧐

Now price is breakout of the descending channel providing good entry point📈

Keep an eye on the August monthly close, as the price action is forming another long-tailed bar👨‍💻