Hereโs the $IMX USDT Perp trade setup ๐
๐ Market Snapshot
Last Price: 0.6075 USDT
Mark Price: 0.5771 (โ ๏ธ ~5% below last price โ strong deviation, watch out for premium pricing / possible mean reversion).
24h High: 0.6075 (currently sitting at the high)
24h Low: 0.5733
24h Vol (IMX): 22.43M
24h Vol (USDT): 13.28M
Change (24h): -0.33%
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๐งพ Key Levels
Resistance Zones
0.600 โ 0.609 (daily top, strong supply area)
0.619 โ 0.625 (next breakout target if 0.61 clears)
Support Zones
0.581 โ 0.590 (short-term support / VWAP zone)
0.573 โ 0.577 (24h low, critical demand)
0.564 โ 0.561 (last defense; if broken, opens 0.54 downside)
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๐ Volume & MA Check
Current Vol: 1.12M
MA(5): 791K
MA(10): 1.00M
โก๏ธ Volume is above averages, showing buyers are aggressive at highs.
โก๏ธ But mark price (0.5771) suggests market is stretched โ possible retrace before continuation.
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๐ Interpretation
IMX is pressing daily high (0.6075) with good volume โ bullish breakout attempt.
However, mark price at 0.5771 signals spot/futures mismatch; longs might be paying a heavy premium.
If price doesnโt hold above 0.600, expect a pullback to 0.581โ0.590 support zone.
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๐ Trade Setups
โ Breakout Long (confirmation needed)
Entry: Above 0.610 (1h close)
TP1: 0.619
TP2: 0.625โ0.63
SL: 0.590
โก Pullback Long (higher RR)
Entry: 0.581 โ 0.590 zone
TP1: 0.600
TP2: 0.607 โ 0.61
SL: 0.573
โ Breakdown Short
Entry: below 0.573
TP1: 0.565
TP2: 0.561
SL: 0.582
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โก Summary
Bias = Bullish but overextended (trading at high, futures premium too large).
Safer play: wait for pullback to 0.581โ0.59 for a cleaner long.
Only chase breakout if volume >1.3M and price closes above 0.61.
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Do you want me to also give you a scalp plan (15m) for IMX like I did for RUNE, or keep it swing-focused?
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