$POLYX trading at $0.0657, up 36.87%. This move follows a Market Structure Break (MSB) above the previous resistance at $0.0520, confirming a shift from a bearish/sideways trend to a strong upward impulse.
Order Blocks (OB): A clear Bullish Order Block has formed in the $0.0580 – $0.0610 zone. This area represents the "buy-side" liquidity where institutional interest likely resides.
Momentum: The RSI is likely in the overbought territory (>70), suggesting a healthy retracement may occur before the next leg up.
Market Sentiment: The surge is fueled by the recent launch of Confidential Assets on the Polymesh DevNet (Dec 15, 2025) and growing institutional interest in Real-World Assets (RWA).
Trade Signal & Strategy
POLYX is exhibiting strong bullish momentum following a 36% breakout. Professionally, the "chase" is avoided; instead, look for an entry at the $0.0610 retest of the Bullish Order Block. This level aligns with the 0.5 Fibonacci retracement of the recent move.
Buy Entry: $0.0595 – $0.0615 (Limit orders recommended).
Take Profit 1 (TP1): $0.0710 (Recent psychological resistance).
Take Profit 2 (TP2): $0.0785 (Major historical supply zone).
Stop Loss (SL): $0.0545 (Below the Market Structure Break level).
