$POLYX

General trend:

Current price: $0.2877.

The trend appears to be in a correction phase after a pullback from the high of $0.4348.

The price is trying to recover gradually with resistance at $0.2952.

Technical indicators:

Moving averages (EMA):

EMA 7 (0.2886): The price is very close to this average, which indicates an attempt to rise.

EMA 25 (0.3172): The price is still below the larger average, which means that the general trend is still bearish in the medium term.

RSI (Relative Strength Index):

RSI(6): 42.66 - close to the oversold area, which means there is a chance for an upside.

RSI(24): 46.02 - still far from the overbought area.

MACD:

MACD (-0.0068): shows signs of weak bearish momentum.

DIF-DEA crossover: indicates a potential convergence, which could lead to a reversal of the trend to the upside.

Key Levels:

Nearest Support: $0.2794 - Must be watched as it is a critical point.

Nearest Resistance: $0.2952 - Breaking this level could give a boost to the bullish momentum.

Forecast:

Short-term: If the price breaks the resistance level at $0.2952, it could head towards the $0.317 level.

Medium-term: If the price fails to break the resistance, it could retest the $0.279 support level.

Suggested Trading Strategy:

Buy: If the price closes above $0.2952.

Sell: If the price breaks the $0.2794 level to the downside.