MATIC Stuck at $0.38 as Bearish Structure Dominates With No Catalyst in Sight
Polygon’s MATIC token is flatlining at $0.38 on Binance spot, trapped beneath every major moving average as October 10, 2026 shows a near‑zero daily range and muted volume.
Analysts warn the bearish structure remains intact with momentum indicators approaching oversold levels, leaving the asset without a clear catalyst to spark a rebound; traders should watch for any break above the 20‑day MA or a surge in volume for a potential trend shift.
Read the full story on Jornal Bitcoin →
More Markets news
- Saudi Coalition Shoots Down Houthi Missile Over Riyadh – Tensions Spike, Crypto Markets on Edge
- Cerebras Stock Plummets Below $185 IPO Price After Blockbuster Debut
- Yemeni Leadership Slams Houthi Missile Strike on Saudi Airport, Warning of Escalating Regional Tensions
- US Jet Nails Panama-Flagged Ship Ocean Molica in Precision Strike, Sparking Market Jitters
- Could IMX Hit $0.30? Analysts Debate Next Move
Latest crypto news
- Bitcoin Drawdown Flashes $74,500 Warning: Analysts See Two Buying Zones if Sell-Off Deepens
- Strategy Commands 91% of Corporate Bitcoin Purchases: More Bullish Than Ever!
- Elon Musk Claims His Companies Can Make Chips Better Than Anyone
- Filecoin’s Six‑Year Vesting Ends Soon – FIL Issuance Set to Drop about 75%, Sparking Scarcity Frenzy