Polygon’s currency price (MATICUSDT) inched lower in the intraday levels, confirming the breach of the pivotal support of $0.286, amid the dominance of the main downward trend in the medium term, while trading alongside the secondary short-term trend line, with negative pressure from trading below the 50-day SMA, coupled with negative signals from the RSI. 

 

Therefore we expect the price to decline and target the support of $0.149, provided it settles firmly below the resistance of $0.286.

 

Trend forecast for today: Bearish