Wheeeeee! You asked for it, you got it! You commented: "brother what you think about polymesh" So, let's talk about this awesome project that is an institutional-grade permissioned blockchain built specifically for regulated assets. POLYX is the native protocol token of Polymesh used to stake and secure the network, pay transaction fees, and engage in governance.
According to my research, it appeared on Binance back in October 2022. We've surpassed the psychological ATH (those who follow me already understand what I'm talking about), however, after reaching its latest ATH on March 31st this year, I'm sorry to say that the price hasn't recovered, and it seems to be fighting not to lose the floor of 0.5 ... (which at the time of writing this post, we're already below). While it's a fairly new crypto project and ranks around position 187 ... I don't see it doing well, it's not an asset I would invest in, at least not until I see signs of recovery...
If you're making gains, set conditional orders to sell while you're ahead! And if you're already losing, well, you should analyze how long you're willing to endure this situation, or place a Stop Loss order to prevent further losses!
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Good luck and #TechnicalAnalysis my friends!
