🔥 Analysis of $POLYX Breakout:
1. Pattern Recognition:
The #POLYX/USDT⚡️ pair has broken out of an inverse head and shoulders pattern on the weekly chart, marking the end of 518 days of accumulation. This breakout suggests a strong bullish momentum in the market.
2. Impending Milestone:
Following the breakout, there is anticipation of reaching a single-digit value, indicating a potential significant upward movement ahead.
3. Targets:
🎯 Target 1: $1
🎯 Target 2: $1.3577
4. Spot Buying Strategy:
Allocate only 20% of your wallet size for spot buying.
Hold onto your trade, as this setup is tailored for swing traders rather than quick scalpers.
5. Future Buying Approach:
Reserve a modest 2% of your wallet for future buying opportunities.
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