Short MATIC: 20 day MA and key resistance line may contain the recent bounce in MATIC

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Updated on Jul 3, 2024
Reading time 1 minutes

Polygon Short MATIC: 20 day MA and key resistance line may contain the recent bounce in MATIC

Closed Profit

Signal timeline

Stop loss $0.64 (-8.47%)
Current price marker
Entry zone $0.59
Current price marker
-
Current price marker
Take profit 1 $0.5 (15.25%)
Arrow Closing price $0.55 (6.78%)

Trading signal summary

Buy/sell asset Sell MATIC
Entry zone $0.59
Stop loss $0.64
Portfolio risk 1%
Leverage 1x
Take profit 1 $0.5
Est. trade duration 3-5 days
Maximum profit 15.25%
Maximum loss -8.47%
Overall trade risk Low