$IMX has been climbing steadily and is now approaching a key resistance zone. Could this be the start of a major breakout? Let’s decode the chart 👇

📊 Technical Breakdown

📈 Trend: IMX is forming a strong ascending triangle, a bullish continuation pattern. Price is riding a clean trendline of higher lows (yellow line).

🔑 Current Price: ~$0.69

🟢 Support Zone: $0.65–$0.68

🔴 Resistance Zone: $0.74–$0.76

📌 Major Breakout Level: $0.74 — if price closes above, the next upside targets come into play.

🎯 Key Levels to Watch

Above:

$0.742 – Short-term breakout trigger

$1.15 – Intermediate resistance

$1.38 and $1.76 – Swing targets

$2.25 – Major macro resistance

Below:

$0.65 – Immediate support

$0.58 and $0.52 – Stronger downside levels

🧠 What’s the Setup?

✅ Bullish: If IMX holds above the ascending trendline and breaks $0.74 with volume, this could ignite a rally toward $1.15 and beyond.

⚠️ Bearish Risk: A breakdown below $0.65 could invalidate the bullish structure, with downside to $0.58.

🧵 TL;DR

IMX is showing bullish structure with higher lows

Approaching key breakout zone at $0.74

Watch for volume spike + breakout confirmation

Clean chart setup for swing traders 📊

$IMX

Are you loading up before the breakout or waiting for confirmation? Drop your thoughts ⬇️

Disclaimer: This is not financial advice. Always conduct your own research before making investment decisions.

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