$POLYX demonstrates a powerful momentum: current price $0.06241, growth +26% in 24 hours on increased volumes. This is a classic sign of accumulation after consolidation — the coin has broken out of the descending channel, piercing the key resistance level of $0.058. RSI on the 24-hour timeframe is 55.87 — neutral zone, without overbought conditions, leaving room for a continuation of the uptrend. Polymesh (POLYX) — a specialized blockchain for regulated assets (RWA), with strong fundamental drivers: institutional integrations and growth in the tokenized asset sector.
Further prospects: In the bullish scenario, a test of $0.07–0.08 is expected in the coming weeks, with potential up to $0.10 if momentum is maintained. Bearish — a pullback on profit-taking if volumes decline.
Trading plan:
• Bullish: Entry at current $POLYX $0.062 or on a pullback to $0.060. TP1: $0.068 (+9%), TP2: $0.075 (+20%). SL: $0.059 (5% below entry).
• Bearish (short): Entry on the breakout $POLYX $0.058 down. TP: $0.055 (-12%). SL: $0.065 (4% above).
Risk no more than 1–2% of your deposit per trade! Move SL to break-even at +5–7%. Volatility is high — strict money management.
What do you think about POLYX? Share your forecasts in the comments! 👇
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