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MATIC: Trade this Price Range for Short-Term Gains

MATIC extended its range-bound price action after another rejection at a key resistance level, offering short-term traders profit opportunities.

Polygon (MATIC’s) bullish recovery hit a brick wall at the $0.942 resistance level, as bulls caved into the selling pressure. This extended the range-bound movement of the native token of the Polygon blockchain.

With MATIC hovering around the mid-range price zone, traders can leverage both short and long opportunities in this price range.

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