Trading Signals (Spot and Futures):
Action: BUY $POLYX
Entry Price Range: $0.3320 - $0.3500
Take Profit Targets:
1️⃣ TP1: $0.3700
2️⃣ TP2: $0.3950
3️⃣ TP3: $0.4200
Stop Loss (SL): $0.3100
DCA Strategy: Accumulate more at $0.3200 and $0.3000
🍼Spot Trader: Click Here 👉$POLYX
🥂Futures Trader: Click Here👆 (Don't overleverage futures trades unless you're a pro (max 2x-5x). Greed is a losing strategy.)
🚨Note: Trade at your own risk; this signal is not guaranteed. DYOR.
Extra Tip: If the price is not in your favor, hold on for a few days, and you may still return with a profit.
Polymesh (POLYX) is showing resilience after its recent dip, with a 2.21% price increase in the past 24 hours. The current support level is around $0.3300, while resistance is at $0.3700. The recent 30-day price surge of 43% indicates a strong bullish sentiment, although the 7-day decline of -11.6% suggests minor consolidation.
With the RSI at neutral levels and increased trading volume of $23M, a breakout above $0.3700 could propel the price toward the next resistance at $0.4200. However, failure to hold above $0.3300 may push the price back to $0.3000 support.
Polymesh remains fundamentally strong, showing a 78% yearly growth, backed by its steady circulating supply and utility in blockchain identity solutions.
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