$IMX

📊 IMX USDT Review

Current Status: The price is around $0.554, near a potential pullback area. There is strong support below at around $0.515, where a rebound may occur.

🟢 Bullish Scenario:

Accumulation above current levels is possible; if the market breaks the $0.66 level and stabilizes above it, it may head towards the liquidity area between $0.72 and $0.76; there is a high possibility of a reversal or false breakout with subsequent exhaustion.

🔴 Bearish Scenario:

If the support level at around $0.515 is broken, the path to the lower demand area ($0.47-$0.49) opens up;

If the rise to $0.66 is weak, a sharp bearish reversal is likely - a manipulation scenario.

📉 The price is testing the reaction area and may show a short-term rebound, but the overall trend remains bearish. A decrease in volatility indicates readiness for a strong move.