Technical analysis by Arash-RK about Symbol POLYX: Buy recommendation (5/15/2025)

Greetings, fellow traders,An interesting setup is forming on the POLYXUSDT chart. The price is currently situated near the lower boundary of an established ascending channel, suggesting a potential support zone.We are identifying a potential long entry under the following conditions:A confirmed close on the 1-hour (or 30-minute for more aggressive entries) timeframe within the confines of the delineated blue triangle on the chart.Alternatively, a decisive close above the $0.1830 resistance level.Should either of these conditions be met, a long position could be initiated with a primary price target of $0.2150.Best of luck with your trades.Trade with discipline and manage risk accordingly.