#MATICUSDT 4h chart

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Price has been going up lately and EMA ribbon was a nice support area as price kept bouncing up from it. However, we have a solid resistance level at $1.1731 that price is failing to break. We have a bearish divergence on RSI and MACD lines crossed and became bearish. When price breaks that reistance level we would see nice upward moves in price.

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