$IMX
Technical Analysis of IMX USDT for Four Hours
➡️ Areas of Interest:
- Strong Support: $0.510-$0.530.
- Support: $0.580-$0.600.
- Supply Areas: $0.700-$0.740 and $0.760-$0.780.
- Target: $0.820-$0.840 (Update Weak Peak).
👍 Growth:
If the current level holds, the price may rise to $0.700-$0.740, followed by a drop to the $0.820 area.
👎 Decline:
If support decreases, the price may drop to $0.580. Further movement to $0.510-$0.530 is possible, with a chance of price reversal from its lowest level.
The market is at a strong level. The reaction to the current areas will determine the dynamics of the medium term - either we continue to correct or resume growth with new highs.