$IMX /USDT – Bullish Reversal Gaining Traction!

$IMX is showing promising signs of a recovery after a controlled pullback. With price action reclaiming mid-range territory and momentum building, bulls are stepping back into play.

Market Overview:

• Current Price: $0.642

• Trend Shift: Positive bounce from key support zone at $0.628

• Momentum: Strengthening with rising volume and higher lows forming

Technical Outlook:

The price is pressing against the $0.645 resistance, a critical breakout level. A firm candle close above this threshold may ignite further upside potential, targeting short-term gains and a structural shift toward bullish dominance.

Trade Setup:

• Ideal Entry Zone: $0.639 – $0.643

• Take Profit Targets:

– TP1: $0.658

– TP2: $0.674

– TP3: $0.692

• Stop-Loss: $0.627 (just below recent swing low)

Expert Tip:

Wait for a decisive close above $0.645 backed by volume before scaling into the position. This confirmation adds conviction to a trend reversal and enhances reward-to-risk alignment.

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