$POLYX is currently experiencing a strong bearish correction, trading at $0.0558 after a sharp decline of -2.45%. The price has broken below key support and is testing lower levels, signaling potential further downside.

POLYX
POLYX
0.061
+27.88%
POLYX
POLYXUSDT
0.05956
+24.99%

📌 Buy Setup (Counter-Trend Bounce):

✅ Entry Zone: 0.0555 – 0.0560
(On a bullish reversal candle near oversold conditions)

🛑 Stop Loss (SL):
❌ 0.0545
(Below recent low)

🎯 Take Profit (TP):
🥇 TP1: 0.0575
🥈 TP2: 0.0585
🥉 TP3: 0.0595

📉 Sell Setup (Breakdown Continuation):

📌 Sell below: 0.0555

🛑 SL: 0.0565

🎯 Targets: 0.0545 → 0.0535 → 0.0525

🧠 Market Insight:

Trend: Bearish, breaking structure

Structure: Lower highs and lower lows, testing new support

Key Support: 0.0555 – 0.0560

Key Resistance: 0.0565 – 0.0570

Best Entry: Wait for bounce confirmation or breakdown continuation

⚠️ Disclaimer: This is not financial advice. Always conduct your own analysis and trade responsibly.