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📊 $POLYX /USDT Market Update: Bullish Recovery in Sight?
The $POLYX /USDT pair is currently showing signs of a potential short-term reversal after a period of downward pressure. While the long-term trend (1-year) remains down by approximately -79.76%, the immediate 15-minute and 4-hour charts suggest a stabilization phase.
🔍 Technical Breakdown
Current Price: $0.05862 (up +0.50% in the last 24h).
Support & Resistance:
Immediate Support: Found at the local low of $0.05804.
Resistance Levels: The price is testing the $0.06022 zone. A breakout above this level could target the $0.0620 range.
Moving Averages: The price is currently trading near its AVL (Average Level) of 0.05864. Staying above this level is crucial for maintaining the upward "green candle" momentum seen in the recent 15m intervals.
Volume & Liquidity: 24h Volume stands at 114.16M $POLYX , indicating healthy trading activity.
#POLYXUSDT #WriteToEarnUpgrade #BinanceVietnamSquare #crytotreading #Analiyses
The $POLYX /USDT pair is currently showing signs of a potential short-term reversal after a period of downward pressure. While the long-term trend (1-year) remains down by approximately -79.76%, the immediate 15-minute and 4-hour charts suggest a stabilization phase.
🔍 Technical Breakdown
Current Price: $0.05862 (up +0.50% in the last 24h).
Support & Resistance:
Immediate Support: Found at the local low of $0.05804.
Resistance Levels: The price is testing the $0.06022 zone. A breakout above this level could target the $0.0620 range.
Moving Averages: The price is currently trading near its AVL (Average Level) of 0.05864. Staying above this level is crucial for maintaining the upward "green candle" momentum seen in the recent 15m intervals.
Volume & Liquidity: 24h Volume stands at 114.16M $POLYX , indicating healthy trading activity.
#POLYXUSDT #WriteToEarnUpgrade #BinanceVietnamSquare #crytotreading #Analiyses
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