$POLYX
đ Current Price & Direction
POLYX ~ $0.044â$0.047 range â prices have been slipping over recent days.
In PKR terms, this is roughly âš13ââš14 per coin.
Recent 7-day trend shows a decline of about ~10â18% depending on exchange data.
đ Technical Structure
đ Bearish bias remains dominant:
Price is trading below key short-term moving averages (e.g., 7-day and 30-day), which acts as resistance.
Broader market sentiment is still weak (âFear & Greed: Extreme Fearâ), often reducing risk appetite.
RSI indicators suggest weak momentum and no strong reversal yet.
Key levels (approx):
Support: ~$0.044â$0.045 (recent lows / pivot supports)
Resistance: ~$0.050â$0.053 zone (short-term hurdles)
đ Short-Term Outlook
đč Bearish to neutral unless price clears the near resistance (~$0.050+) with volume.
đč Low liquidity can cause wild swings â not reliable breakout signals without volume.
đč A shallow bounce from oversold levels might occur, but broader trend still looks downward-biased.
đ Summary (Quick Take)
Trend: Downward/sluggish
Momentum: Weak (neutral-bearish)
Sentiment: Cautious/low liquidity environment
Watch: Break above $0.050â$0.053 for potential relief, break below $0.044 could extend weakness.