đ Polymesh Showing Strong Momentum đ
$POLYX has seen significant growth over the last year, with a 133% price increase. đ Over the past week alone, #Polymesh has surged 18%, while it's up 16% over the past month.
Despite this bullish momentum, thereâs been volatility, especially after the big drop since March.
đ Key Technical Indicators:
âȘRSI: Currently at 70, up from 48 just six days ago! This places Polymesh near overbought levels, signaling a possible short-term slowdown or correction.
âȘSMA & EMA: Both show gradual increases, confirming the recent price trend.
âȘMACD: Bullish signal with a MACD value of 0.0075 and Signal of 0.0024.
âȘAwesome Oscillator: Rose from 0.007 to 0.0173 over the past week, showing strong upward momentum.
âȘBollinger Bands: Suggesting a price range between $0.1878 and $0.2545.
While #POLYX technicals show bullish momentum, RSI hints that a correction might be coming. Stay cautious and keep an eye on the indicators! đ
