IMX / USDT — Whale Re-Accumulation after Wedge Breakout
Evidence of Whale Activity
Reports show a 30% increase in IMX trading volume and swelling active addresses — solid signs of whale activity building. Blockchain News
Whale behavior noted on trading platforms indicates four consecutive days of activity, pointing to strategic accumulation. TradingView
Candlestick Behavior
IMX recently broke out of a descending wedge, a bullish reversal pattern. The breakout is confirmed by rising volume—a strong technical-plus-whale alignment. TradingView
Candles show steady ascending closes, tightening, and support above the breakout line—typical whale-led trend establishment.
Trade Plan
Entry Zone: On retrace to wedge breakout level (~$0.59–$0.60) or immediate breakout confirmation.
Stop Loss: Below the breakout level (~$0.57).
Targets:
TP1: $0.65
TP2: $0.70
TP3: $0.78–$0.80 (medium-term extension)
Whale Signal: Watch for spike in volume with green candle continuing breakout—often whales leading the charge.
