Sentiment: Neutral
MATIC is showing consolidation around the $0.379 level after a modest 24-hour decline of 0.29%. The token remains range-bound with the 20-day SMA at $0.37922 providing immediate support, while the 50-day SMA at $0.37573 offers secondary backing. Trading volume of $1.07 million indicates moderate participation, though volatility remains elevated at 3.84%. The RSI reading of 55.68 suggests neutral momentum with slight bullish bias. Traders should watch for a decisive break above $0.385 for potential upside toward $0.40, while a breakdown below the 50-day SMA could trigger a test of $0.37 support. Position sizing should remain conservative given the current volatility environment. Consider accumulating on dips toward the 50-day SMA with tight stops below $0.375 for risk management.
Key Metrics
Price | 0.3794 USDT |
24h Change | -0.29% |
24h Volume | 1074370.70 |
RSI(14) | 55.68 |
SMA20 / SMA50 | 0.38 / 0.38 |
Daily Volatility | 3.84% |
Polygon — 1h candles, 7D window (SMA20/SMA50, RSI).