Matic nope not good.

as visible in this chart Matic completely fell out of its previous price channel. Now its possible we see a bullish short term phase. Given that I will enter a short at the marked point bec of confluence of multiple resistance lines. My target for this trade is near the last macro low. I might have to wait for some time to hit that target but thats how im gonna play this. You can also play it as a scalp or a day trade doesnt really matter but if you scalp you need a tight SL. If you day trade it can get more loose but day traders got rekt recently in the market bec. of the volatility hitting SL left and right. Therefor i will take that as a swing trade.