The weekly chart for $POLYX /USDT is lighting up with interest 📊 Price has once again tapped into a long-standing key support zone a level that has historically acted as a launchpad for strong recoveries.
Will this be another bounce from the bottom? Let’s dive into the technical picture 👇
🟨 Key Weekly Support Zone:
The highlighted yellow box on the chart shows a historical demand area where price found strong footing multiple times since early 2023. This zone has proven resilient in the past, and POLYX is once again testing this area with signs of potential accumulation.
📈 Recovery Scenario – What Traders Are Watching
If the current structure holds, market participants may look for:
🔹 Bullish momentum candles on weekly close
🔹 Increased volume near support
🔹 Price reclaiming the $0.1710–$0.1919 range
These signs could indicate a shift in momentum and possibly a trend reversal.
🎯 Possible Upside Zones (For Educational Reference Only)
$0.1710 – Initial zone of interest
$0.2257 – Mid-range resistance
$0.2930 – Breakout zone
$0.3940 & $0.4733 – Long-term bullish targets if trend continues
🧠 Why This Zone Matters?
✅ Historical bounce zone on weekly timeframe
✅ Strong reaction wicks in the past
✅ Risk-to-reward often favorable near major support (when confirmed)
But remember:
❗Always use proper risk management
❗No setup is valid without confirmation
❗This isn’t financial advice – it’s a technical viewpoint for learning
💬 Final Thoughts..
$POLYX is near a major decision point.
The weekly chart is showing a textbook support retest, and if history repeats, we may see upside action from here 📈 Patience is key confirmation always beats prediction.
