Polygon (MATIC) Held By A String, Will Bears Cut The Rope?

MATIC price trades below 50 and 200 EMA on the daily timeframe despite showing some relief strength. 
MATIC rally caught short as BTC price continued to range.
The price of MATIC must hold $0.72 support or face a drop-down to a weekly low. Polygon (MATIC) price showed some bullish strength recently, but the price has struggled to break above key daily resistance against tether (USDT). The price of Polygon (MATIC) has continued to range as bulls sweat over a potential break of the key