MATIC trending higher, key steps for breakout

Matic is currently trading at $1.4, up 15% from yesterday's close. However, don't immediately hop on a pump. Price is currently approaching significant downtrend resistance, which might lead a retracement to the 1.3-1.2 zone.
In the case of a breakout from resistance, we may expect a large move in the mid-term, with targets at 1.7 and 2.4.