🚀 Polymesh Showing Strong Momentum 🚀
$POLYX has seen significant growth over the last year, with a 133% price increase. 📈 Over the past week alone, #Polymesh has surged 18%, while it's up 16% over the past month.
Despite this bullish momentum, there’s been volatility, especially after the big drop since March.
📊 Key Technical Indicators:
⚪RSI: Currently at 70, up from 48 just six days ago! This places Polymesh near overbought levels, signaling a possible short-term slowdown or correction.
⚪SMA & EMA: Both show gradual increases, confirming the recent price trend.
⚪MACD: Bullish signal with a MACD value of 0.0075 and Signal of 0.0024.
⚪Awesome Oscillator: Rose from 0.007 to 0.0173 over the past week, showing strong upward momentum.
⚪Bollinger Bands: Suggesting a price range between $0.1878 and $0.2545.
While #POLYX technicals show bullish momentum, RSI hints that a correction might be coming. Stay cautious and keep an eye on the indicators! 📊