$POLYX is currently testing the upper Bollinger Band at 0.1422, indicating potential overextension.
With a recent price change of 3.461%, the market may exhibit short-term volatility.
Support is identified at 0.1372, while resistance remains at 0.1419.
To manage risk, consider placing a stop-loss slightly below the support level.
Volatility appears to be contracting, suggesting a potential price consolidation.
Traders should wait for a clear break above resistance for a buy signal, or set alerts for further movements.
