$POLYX /USDT Market Update - Building Momentum!
Current Price: $0.2881 (+8.35%)
$POLYX is showing signs of recovery as it rebounds strongly from its recent low of $0.2570, now trading above the critical EMA levels.
Key Levels to Watch:
Resistance: $0.2909 (recent high)
Support: $0.2765 (EMA-25)
Observations:
1. EMA Crossover: EMA(7) is above EMA(25) and EMA(99), signaling short-term bullish momentum.
2. Price is testing resistance near $0.2900; a confirmed breakout could target $0.3000+.
Strategy:
Entry Range: $0.2830–$0.2880
Targets:
TP1: $0.2940
TP2: $0.3050
Stop-Loss: $0.2750
Patience is vital! Wait for confirmation of a breakout before committing to larger positions. Stay vigilant for market shifts.
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