$IMX /USDT BULLISH REVERSAL ON THE HORIZON – BUYERS GAINING CONTROL!
$IMX /USDT is showing signs of a potential bullish reversal after bouncing from the support zone near 0.470. The price is now holding above 0.500 and attempting to break above minor resistance levels. MACD is showing a bullish crossover, and RSI is climbing from the oversold region, indicating renewed buying strength. If momentum sustains, IMX could rally toward the upper Bollinger Band and resistance levels.
🔹 Trade Setup (Long Entry):
Entry Zone: 0.500 – 0.510
Take Profit (TP):
TP1: 0.530
TP2: 0.552
TP3: 0.570
Stop Loss (SL): 0.485 (Below recent support)
🔹 Alternate Setup (Short Entry – Only if Breakdown Occurs):
Entry Zone: Below 0.480
Targets: 0.465 – 0.458
Stop Loss: 0.492
📊 Market Outlook:
IMX is showing early signs of a bullish recovery, but buyers must maintain price above 0.500 to confirm momentum. A breakout above 0.530 could trigger a stronger uptrend, while failure to hold above support may lead to renewed selling pressure.
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