$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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