On the daily chart, $POLYX is pulling back sharply from its $0.2040 peak, sliding through the 21-EMA at $0.1619 and touching the 90-EMA around $0.1638. This corrective move finds its first real cushion at the 200-EMA near $0.1954, though price is currently trading below it at $0.1583. Volume on today’s decline has ticked up, suggesting genuine profit‐taking rather than a brief wobble. The RSI sits just under 50, cooling off from its recent run, while MACD has dipped below its signal line, signaling momentum is pausing. Structurally, higher lows off $0.1055 remain intact, but losing the $0.1560–$0.1600 zone would open a retest of the $0.1450 area. In this phase, watch for price to stabilize around the 90-EMA and carve a bullish reversal candle; only then will there be conviction for a rebound back toward $0.176 and beyond.
