With Bitcoin teasing a comeback last night, MATIC Price struggles to tap into the bullish momentum as their prices continue to fall. Currently, trading at $0.50, the MATIC price displays a 0.32% intraday gain with an overall bearish trend. Following the breakdown of the $0.60 support zone, the Polygon price trend is now challenging the bullish dominance at $0.50. The short-term downtrend in MATIC price displays a falling wedge pattern, generally leading to a bullish reversal. However, the higher price rejection is pretty evident in the last two daily candles, projecting a solid overhead supply.