MATIC 50sma bounce. Big pullback on strongest alt in markets

MATIC 50SMA pullback here. this was the strongest out of the penny alts. Think we have a good location on this. we are at 1% risk if stopped out of the trade stop loss under 50sma

MATIC or you can call it polygon has a lot of potential issue is it was 1% when to 2s. this is a good retracement here. if it can hold its a high reward play. if it doesnt then we take the loss 1% of account reload lower