Polymesh [POLYX], dubbed the “blockchain purpose-built for real-world assets,” has shed close to 4% in the past 24 hours. The altcoin was up 16.6% over the past 30 days, and this bounce has given reason to consider a bullish comeback.

In a post on X, popular crypto analysis account World of Charts shared the 3-day logarithmic POLYX crypto chart. Simply captioned “getting ready,” the chart showed a possible path to recovery for the altcoin.

The sentiment around Bitcoin [BTC] and Ethereum [ETH] was bullish after the strong gains the two crypto leaders made in August. If BTC’s retest of the $77k support zone in recent days turns out only to be a retracement, it could help the altcoin market sentiment and…