$POLYX
The RSI (6) is at 49.7579, which is near the neutral level (50), suggesting neither strong buying nor selling momentum in the very short term.
Based on the limited timeframe shown (1 week) and the indicators:
Short-Term Recovery: There seems to be an attempt at recovery after hitting the low around 0.1055 USDT. The recent green candles indicate buying interest.
Resistance Levels: The 24-hour high of 0.1736 USDT could act as a short-term resistance level. The previous highs on the chart (around 0.3126 USDT) will also be significant resistance levels if the price continues to move upwards.
Support Levels: The recent low of 0.1055 USDT is a key support level. The 24-hour low of 0.1570 USDT could also act as immediate support.
POLYX/USDT chart shows a potential short-term recovery after a significant downtrend. The price is facing immediate resistance, and it needs to break above these levels to suggest a more substantial upward movement. The longer-term bearish trend should be kept in mind.
