MATICUSD last move likely a head fake, no new low was established, this the bullish squeeze will either resume or a violent bullish breakout is expected.
MATICUSD and other correlated alt prices remain suppressed, alt season, if such a thing exists has not started as far as I can tell, alts that have pumped have had news. I'd say a long position is not out of the question even though we could see lower prices.