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$POLYX showing signs of stabilizing again after a period of strong volatility, as the buying side continuously successfully defends the important support zone around $0.056. The current price structure still leans toward a positive trend if buying pressure continues in the short term.
Currently, the price is accumulating just above the support zone, indicating that capital flow has not yet left the market. If $POLYX can break out of the nearby resistance zone, a new bullish momentum could fully emerge with targets heading to higher levels.
📌 Trading plan:
• Entry: $0.0565 – $0.0572
• Stop Loss: $0.0540
🎯 TP1: $0.0600
🎯 TP2: $0.0630
🎯 TP3: $0.0660
The $0.056 zone currently acts as a key support. As long as the price remains above this area, the recovery trend is still maintained. Trading volume and price reaction at the breakout zone will be decisive factors in whether $POLYX can enter the next strong upward phase or not.
{spot}(POLYXUSDT)