If MATIC breaks above the consolidation zone, it could target the $0.9488 resistance level, and a successful breach of this level could push the price further towards the $1.0968 resistance level. Conversely, if MATIC's price breaks below the consolidation zone, it may continue its downtrend towards the $0.5030 support level. Should this support fail, the price could decline further to the $0.3132 support level.

🚀 Gate Fun Chinese Meme Fever Keeps Rising!
Create, launch, and trade your own Meme tokens to share a 3,000 GT!
Post your Meme on Gate Square for a chance to win $600 in sharing rewards!
A total prize pool of $3,600 awaits all creative Meme masters 💥
🚀 Launch now: https://web3.gate.com/gatefun?tab=explore
🏆 Square Sharing Prizes:
1️⃣ Top Creator by Market Cap (1): $200 Futures Voucher + Gate X RedBull Backpack + Honor Poster
2️⃣ Most Popular Creator (1): $200 Futures Voucher + Gate X RedBull Backpack + Honor Poster
3️⃣ Lucky Participants (10): $20 Futures Voucher (for high-quality posts)
O