$IMX USDT 📈 BULLISH BREAKOUT IMMINENT! 🚀
Here's a quick technical analysis of the IMXUSDT chart:
Current Price: $0.7267
Key Levels:
* Support: The chart clearly shows strong support forming around the $0.6700 - $0.6800 zone. This area has held multiple times, indicating solid buying interest.
* Resistance: We're currently facing resistance near $0.7300 - $0.7400. A decisive break above this level is crucial for further upside.
Trade Setup: LONG ENTRY
* Entry: Look for a sustained breakout above $0.7350 or a retest of support around $0.6900 - $0.7000 if there's a minor pullback.
* TP1 (Target 1): $0.7500 🎯
* TP2 (Target 2): $0.7800 🌟
* SL (Stop Loss): $0.6650 🛑 (Place below the established support area)
Risk Management:
* Always use a stop-loss to protect your capital.
* Risk only a small percentage (e.g., 1-2%) of your trading capital per trade.
* Don't over-leverage! ⚖️
Happy Trading! Disclaimer: This is not financial advice. Do your own research. 🧐
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