$IMX /USDT Trade Setup

Market Insight:

$IMX is showing strong bullish momentum, up +6.55% with a breakout toward local highs. The price is above SAR (0.518) and sustaining well above key support zones, signaling buying interest.

📥 Entry Zone:

$0.518 – $0.532

Ideal entry near SAR or slight dips.

🎯 Targets:

Target 1: $0.547 (recent local resistance)

Target 2: $0.565 (next fib extension level)

Target 3: $0.590 (psychological & trend target)

🛑 Stop Loss:

$0.504

Below recent low and SAR, invalidates current bullish structure.

📊 Key Levels:

Support: $0.504, $0.490

Resistance: $0.543, $0.547, $0.565

SAR (4H): $0.518

💡 Pro Tip:

Look for a bullish flag or consolidation around $0.532–$0.537 before entering. Avoid chasing if price spikes toward $0.547 without a pullback. Watch volume – strong volume confirmation could fuel a run toward $0.565+.

#MemecoinSentiment #ETHBreaks3k #TradingStrategyMistakes #ArbitrageTradingStrategy #BTCBreaksATH