Hey Square fam! 👋 Ready to catch the latest POLYX/USDT beats? Let’s dive into a fresh weekly update with chart levels, sentiment, and a friendly vibe—perfect for sharing in Binance Square!
“#BinanceSquareFamily”
📊 Current Snapshot
Price: ~$0.135–0.136 USDT with a mild +1–1.5% daily uptick, though it's down ~5–6% over the past week .
Market Cap & Volume: ~$129 M cap, ~ $3.8 M daily volume—decent activity .
Performance: Down ~30% in last month, ~–70% from all-time high of $0.75 (Mar 31, 2024) .
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🔍 Technical Indicators
Moving Averages: Daily & weekly MAs (50, 200) are sloping down—price trading below them. Bitget analysis flags “Strong Sell” on MAs (13 sell, 2 neutral, 0 buy) .
Oscillators: RSI ~37 (neutral), MACD slightly negative—but 4‑h chart shows bullish MACD cross and price above SMA200 .
Overall TA Sentiment: Mixed to bearish — sell signals dominate short and medium term .
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⚖️ Weekly Outlook & Key Levels
Level Price (USDT) Notes
Support $0.1305 Key short-term pivot; fall below may test $0.1085 .
Resistance $0.136–$0.137 24‑h high / pivot R1; 200‑day MA lies overhead .
Next Sell‑zone $0.1415–$0.1464 Pivot R2/R3—If it breaks $0.137, this could be next barrier .
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🎯 Trade Ideas
1. Cautious Bounce Watch
Entry near $0.1305 (bounce from support).
SL under $0.1300.
TP1: $0.136–0.137, TP2: $0.1415
2. Breakout Play
If price holds above 200‑day MA (~$0.136–$0.137), add on breakout.
SL just below breakout level.
TP: $0.146–0.147+ pivot zone.
3. Trend‑following / Patience
Wait for weekly MA turn or RSI/MACD bullish alignment for stronger confirmation.
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💡 Why This Setup?
Clear support/resistance structure: $0.1305 floor with overhead resistance zone defined 📐.
Lower timeframe bullish divergence: MACD & MACD cross hint at short-term bounce potential .
Volatility in check: Oscillators near neutral – room for upside if conditions improve.
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📝 Sample Binance Square Post
> “✨ POLYX Weekly Look: Support @ $0.1305 & Eyes on R1 at $0.136–$0.137! 📈 #BinanceSquareFamily”
Weekly technicals show price hovering near key support at $0.1305. Indicators are neutral-to-bearish—but a bullish MACD cross on the 4‑h chart suggests a possible bounce. A breakout above $0.136–0.137 (200‑day MA/pivot R1) could trigger a run toward $0.1415–0.146.
🎯 Plan:
• Buy near $0.131 with SL under $0.13
• TP1: $0.137 / TP2: $0.142+
Trade safe & always DYOR! This is educational, not financial advice. ✅
Square fam – stacking at $0.131 or waiting for the breakout? Drop your take below! 🚀
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✅ TL;DR
Current price: $0.135, down ~5% on the week.
Key support: ~$0.1305; resistance: ~$0.136–0.137, then $0.1415–0.146.
Short-term bounce is possible—watch for breakout above pivot.
Mixed technicals: cautious but opportunity exists with tight risk controls.