$POLYX Shows Signs of Reversal After Sharp Decline
Following a significant drop, $POLYX
POLYX
0.0597
+25.15%
has displayed a strong bullish reversal, bouncing sharply from a key support area around 0.047. This move was accompanied by high trading volume, indicating substantial buying pressure.
Key Scenario:
The momentum suggests potential for further gains, provided the price remains above the recent breakout level.
Projected Targets:
0.0585
0.0610
0.0640
Risk Consideration:
A retest that holds above support could strengthen the uptrend. Conversely, a failure to hold this level may lead to a period of consolidation before another upward attempt.