On the daily chart, we are seeing a close resemblance to the cup and handle pattern. If MATIC can break the resistance at $1.31, we could start seeing a move towards $1.69 and $2.10. Rejection of $1.31 resistance area could most likely lead to a drop towards $0.94 and $0.75 and if BTC drops further, MATIC is likely to enter the final bottom area of $0.56 which seems like a less likely scenario.