🚨 $POLYX /USDT ALERT: Enter NOW at 0.2985 – Price Reversal in Sight? 🚨
POLYX has dropped by 12.44%, with its price falling sharply from the 24-hour high of 0.3466 to a low of 0.2892. On the 15-minute chart, the coin is attempting a recovery after touching its support zone. Buyers may be stepping in, signaling potential upward momentum.
💡 Trade Setup: Short-Term Play
Entry Price: 0.2985
Resistance Levels:
1. First Target: 0.3127
2. Second Target: 0.3236
3. Third Target: 0.3400
Support Level: 0.2892 – A critical zone to hold for bullish sentiment.
Stop Loss: 0.2860 – Protect your downside below this level.
⚠️ Cautionary Note:
Keep an eye on the price action near the 0.3127 resistance level. A breakout above could trigger significant upward movement, while failure to sustain above support might lead to further downside. Tight risk management is advised due to current volatility.
