$POLYX

POLYXUSDT

Perp

0.05163

+3.71%

USDT BEARISH CONTINUATION SETUP

Market Structure:

Price is trending below key resistance on the 1H timeframe, forming consistent lower highs and lower lows. The recent pullback failed to reclaim previous support, confirming bearish market control.

Trade Setup (Short):

Entry Zone: 0.0518 – 0.0530

Targets:

TP1: 0.0500

TP2: 0.0486

TP3: 0.0468

Stop Loss:

0.0555

Market Outlook:

As long as price remains below the descending resistance zone, bearish pressure is likely to persist. A clean breakdown below the current consolidation can open the path for continuation toward lower demand levels.

Risk Management:

Use controlled position sizing, avoid high leverage, and strictly follow the stop loss.

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