Polymesh's POLYX Token Slumps 4% as Bearish Trend Continues

Polymesh's POLYX token has been on a downward trend since October 2025, despite a recent brief gain of 16.6% over the past 30 days.

The token slipped nearly 4% in the last 24 hours, which is a pullback that raises questions about its broader price trend.

POLYX has declined significantly, sitting at around 95% below its all-time high of $0.75, reached in 2024.

Key support and resistance levels define the market structure, with several specific price levels now standing between POLYX and a credible reversal.

The technical picture on the weekly chart still favors sellers, but some indicators suggest underlying buying pressure.