$POLYX #POLYX [Risk Level]: **High**
The medium to long-term downward trend is clear, and the main force has exited the market.
Currently in a key support area, the battle between bulls and bears is intense, and price fluctuations may increase.
Overall trading volume is shrinking, market liquidity and support are relatively weakening, and large orders can easily cause violent fluctuations.
[Strategy Suggestion]:
Overall idea: The trend is bearish, mainly focusing on shorting after facing resistance during rebounds, participating lightly in any rebounds.
Potential entry range (bearish): 0.0538 - 0.0545. This area is the upper edge of the recent consolidation range and a small platform resistance during the downward process. If the price rebounds to this level and shows signs of stagnation (such as long upper shadows or shrinking volume), consider entering short.
Potential entry range (aggressive bullish): Short-term only. If the price can stabilize above 0.0528 and volume increases, a light long position can be attempted, betting on a continuation of the rebound above 0.054.
Stop loss level (bearish): Place above 0.0550 to prevent the price from breaking through the consolidation range.
Stop loss level (bullish): Place below 0.0510, which is the recent low point during fluctuations.
Target level (bearish): First target 0.0510, second target 0.0490 (near the previous low).
Target level (bullish): First target 0.0545, second target 0.0560.
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