$POLYX USDT – SPIKE & DIP! WATCHING FOR A STRONG RECLAIM
MASSIVE WICK SHOWS REJECTION AT $0.1756
SUPPORT HOLDING ABOVE MA(7) AND MA(25)
$POLYX rocketed to $0.1756 in a sharp vertical move, but profit-taking quickly kicked in. Price is now pulling back and stabilizing around $0.1499 — right above the 7 EMA ($0.1468) and 25 EMA ($0.1432), showing short-term support is holding.
This type of move often leads to either a consolidation before the next leg or a trap for late longs. Bulls must defend $0.1460 to keep the structure intact.
Trade Setup (Long):
Entry: $0.1475–$0.1500
Targets:
• TP1: $0.1615
• TP2: $0.1740
Stop Loss: $0.1430
Outlook: Strong rejection, but trend remains bullish above $0.1460. Wait for confirmation before re-entry.
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