$IMX /USDT – Bullish Momentum Builds Above Support Zone!
Immutable ($IMX) is showing strong upside with +10.54% daily gain, currently trading at $0.64, nearing the 24h high of $0.680. Volume remains solid with 28.99M IMX traded and $18.52M in USDT volume, indicating renewed interest. Price action has reclaimed the mid-range after bouncing from the 24h low of $0.576, with key depth support around $0.629–$0.601 and breakout pressure building near $0.687. Short-term candles (15m–4h) reflect sustained demand.
Momentum Analysis: Bullish bias supported by volume surge and higher lows across timeframes.
Long Setup:
Entry Zone: $0.620–$0.640
Targets: T1: $0.680, T2: $0.720, T3: $0.780
Stop Loss: $0.598
Breakout Confirmation: Close above $0.687 with volume > $22M
Key Support: $0.601
Pro Tip: Watch for consolidation between $0.640–$0.680 before the next breakout leg. Use trailing stops if entering near resistance.