$POLYX /USDT – Bearish Move Expected After Resistance Rejection
Technical Analysis:
$POLYX/USDT is showing signs of a bearish move after facing resistance near $0.0559. The price has broken below the immediate support zone, indicating potential downward pressure in the short term. Sellers are currently dominating, and momentum favors further decline.
Trade Setup:
Entry Range: $0.0520 – $0.0527
Target 1: $0.0510
Target 2: $0.0500
Target 3: $0.0485
Stop Loss (SL): $0.0545
Short Outlook:
The market is likely to continue its bearish trend unless buyers reclaim the $0.0545 level. A sustained move below $0.0520 could accelerate selling pressure, pushing the price toward the $0.0480 support area. Traders should watch for potential bounce zones, but short-term bias remains negative.
