$POLYX USDT
#POLYX/USDT⚡️ Breakout Has Already Confirmed Retesting In Process Still Expecting is Getting Ready for Massive Bullish Wave📈 next common days .
The weekly chart exudes a sense of optimism with a recent upward trajectory that's hard to ignore. The price action is encapsulated within an ascending channel, suggesting a bullish trend with higher highs and higher lows.
The support level at 0.317 USDT provides a solid foundation for this upward trend.
The resistance level at 0.523 USDT price has encountered resistance within the upper bounds of the channel.
The Stochastic RSI, currently around 16.16, suggests that the market is in the oversold territory. The blue line crossing above the orange line would further solidify a bullish reversal trend.
The CVD indicator reflects a cumulative value of 126.76M, signaling a balance between buying and selling pressure.
The ascending channel, combined with bullish indicators like the Stochastic RSI and CVD, to make suggests that the market might be gearing up for another leg higher.
DYOR
NOT FINANCIAL ADVICE
