This Indicator Says MATIC Price Correction Is Not Done

MATIC price is currently undergoing a correction. Over the last 24 hours, the coin has lost more than 4% of its market value. Signs on the chart currently suggest that MATIC is going to remain in the correction territory for some time.
All the gains that Polygon (MATIC) secured in the past week were undone due to the loss on the daily chart. Technical outlook also implied that the price momentum for the altcoin was regressive and demand for the altcoin declined over the past few days.
From the d