$POLYX
/USDT Technical Analysis & Trade Signals🚀🎯
Price Overview:
Current Price: $0.3188 (+5.70%)
24h Range: $0.2873 - $0.3310
Technical Indicators:
1. Bollinger Bands (20, 2):
Upper Band: $0.3238
Middle Band: $0.3162
Lower Band: $0.3087
Signal: Price near the upper band suggests bullish momentum but approaching overbought territory.
2. SAR (0.02, 0.2):
Current SAR: $0.3106
Signal: SAR below the price confirms a bullish trend.
3. Momentum:
With increasing volume and a 24h high of $0.3310, POLYX shows bullish momentum.
Trade Setup & Signals
Trend: Bullish
Momentum: Strong upward move supported by technical indicators and volume.
Entry Zone: $0.3160 - $0.3190 (near current price or slight retracement).
Target Levels 🎯:
1. Target 1 (T1): $0.3238 (Bollinger upper band and minor resistance).
2. Target 2 (T2): $0.3310 (24h high and key resistance).
3. Target 3 (T3): $0.3450 (next resistance from previous price action).
Stop Loss: $0.3085 (below Bollinger lower band and SAR level to protect downside).
Trade Momentum Analysis:
Short-Term (15m, 1h): Positive momentum with potential for quick scalping to T1.
Mid-Term (4h, 1D): Strong trend continuation toward T2 and T3 if price holds above $0.3160.
Risk-Reward: Favorable with close support and multiple upside levels.
Watch for volume confirmation at breakout above $0.3238.
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