1Create a free account on the Binance website or the app.
2Choose how you want to buy the Polymesh asset.
3Check the payment details and fees.
4Store or use your Polymesh in Binance.
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$POLYX /USDT Trading Analysis & Signal
$POLYX /USDT is currently trading at $0.1665, showing a +3.35% gain in the last 24 hours. The price has bounced from a 24-hour low of $0.1530 and is approaching the 24-hour high of $0.1672, indicating growing bullish momentum.
The chart reveals that POLYX has been recovering from its recent dip to $0.1396, suggesting a possible trend reversal. The Bollinger Bands show a squeeze, implying potential volatility ahead. The middle band (MB) at $0.1768 acts as an immediate resistance level, while the lower band (DN) at $0.1592 serves as support.
Trading Signal:
Entry: Buy at $0.1650 - $0.1680
Target 1: $0.1768
Target 2: $0.1943
Stop Loss: $0.1530
The price action and indicators suggest a potential short-term uptrend, but traders should manage risk carefully. If the price breaks $0.1768, it could test higher resistance levels. However, a breakdown below $0.1530 may lead to further downside. Trade with caution and follow proper risk management.#BybitForensics #BinanceAlphaAlert #BinanceLaunchpoolRED #TraderProfile #Write2Earn! $POLYX
{spot}(POLYXUSDT)