$IMX Breakout Pushes to New Highs – Can Bulls Sustain the Charge?
IMX is trading at $0.626, with a strong +7% daily gain. The recent surge in both price and volume suggests bullish momentum, breaking above a key resistance zone. All eyes are now on whether this breakout holds or fades into a pullback.
Key Levels to Watch
• Resistance: $0.634 – Break above this can push price toward $0.660 and $0.685
• Support: $0.600 – Holding this level will be critical for further upside momentum
Trade Setup
Bullish Scenario
• Entry trigger: Break and hold above $0.634
• Target 1: $0.660
• Target 2: $0.685
Bearish Scenario
• Entry trigger: Drop below $0.600
• Target 1: $0.584
• Target 2: $0.564
Volume spike confirms the breakout. Watch closely—this could lead to a continuation run or a trap for late buyers.