$POLYX is trading at 0.0524, up +16.19% in the last 24 hours. After a sharp rejection from 0.0580+, the price dropped into support and is now showing signs of a recovery bounce. The structure suggests a potential reversal attempt if buyers continue stepping in from this zone.

On the lower timeframe, the candles are stabilizing after the sell-off, hinting that momentum could shift back in favor of bulls if resistance gets reclaimed.

Trade Setup

• Entry Zone: 0.0515 – 0.0525

• Target 1: 0.0536

• Target 2: 0.0553

• Target 3: 0.0569

• Stop Loss: 0.0505

If price manages to break back above the mid-range resistance with volume, this bounce can turn into a stronger recovery move. However, failure to hold current support could lead to another retest of the lows before continuation.

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POLYX

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