$IMX latest market update 🚀
Long/Short: Ranging
Entry: 0.12281–0.12399
Stop loss: 0.12222
Targets: 0.12463/0.12562/0.12686
Trading rationale: This IMX thing just hangs around at 0.1234. The two EMA lines are stuck together like they’re half asleep—there’s no proper crossover to speak of. RSI is 55.6, not overbought and not oversold, a textbook grind-it-out, deadlock kind of market. You say it’s going up? Boring. You say it’s going down? Also boring. It’s basically a stagnant puddle. Throw the stop loss at 0.122215—if it breaks, then accept it; if it doesn’t, treat it as if you’re lying there “dead” in the market. Either way, I don’t want to keep messing with it. Let it choose a direction on its own, and then follow. Going in now is just basically paying fees. Tired… lying flat.
Risk warning: Recommended stop-loss level: 0.122215. Please adjust position size according to your own risk tolerance.
#IMX
Long/Short: Ranging
Entry: 0.12281–0.12399
Stop loss: 0.12222
Targets: 0.12463/0.12562/0.12686
Trading rationale: This IMX thing just hangs around at 0.1234. The two EMA lines are stuck together like they’re half asleep—there’s no proper crossover to speak of. RSI is 55.6, not overbought and not oversold, a textbook grind-it-out, deadlock kind of market. You say it’s going up? Boring. You say it’s going down? Also boring. It’s basically a stagnant puddle. Throw the stop loss at 0.122215—if it breaks, then accept it; if it doesn’t, treat it as if you’re lying there “dead” in the market. Either way, I don’t want to keep messing with it. Let it choose a direction on its own, and then follow. Going in now is just basically paying fees. Tired… lying flat.
Risk warning: Recommended stop-loss level: 0.122215. Please adjust position size according to your own risk tolerance.
#IMX