🚨 $POLYX /USDT TECHNICAL ANALYSIS – BEARISH CONTINUATION SIGNAL 🐻📉

🔍 Market Overview

$POLYX/USDT is currently trading around $0.0607, showing weak momentum and price compression below short-term resistance. Volume remains moderate, and price action suggests bearish pressure is still dominating unless a clear breakout occurs.

📌 KEY LEVELS (WITH CURRENT PRICE)

🟢 Support Levels:

$0.0600 – $0.0595 (Immediate support zone)

$0.0570 (Major demand & breakdown support)

🔴 Resistance Levels:

$0.0625 (Intraday rejection level)

$0.0650 (Strong supply & trend invalidation zone)

🎯 TRADE SETUP (SHORT – TREND FOLLOWING)

📥 Entry:

Short around $0.0620 – $0.0630

🎯 Targets (TP):

TP1: $0.0600

TP2: $0.0580

TP3: $0.0560

🛑 Stop Loss (SL):

$0.0655

📉 Bias remains BEARISH while price stays below $0.0650.

⚠️ RISK MANAGEMENT

Risk only 1–2% per trade

Always use a stop loss 🛑

Avoid over-leverage in low momentum markets 🚫

🔥 Trade patiently, respect levels, and protect your capital! 💰📊