🚨 $IMX /USDT – Oversold Setup or Just a Pause in the Dump? ⚠️
$IMX is holding at $0.426 (+2.16%), bouncing slightly from its local bottom at $0.417. With RSI nearing oversold and volume stabilizing, could this be a trap—or the start of a reversal? Let’s analyze 👇
📊 Market Overview
📍 Current Price: $0.426
📈 24h High: $0.441
❄️ 24h Low: $0.417
📊 Parabolic SAR: Near $0.414 – still under pressure
📈 MACD Momentum:
Bearish trend slowing but not reversed
24h Vol: 106.7K IMX | $1.77M USDT
📉 RSI (6): 31.20 (⚠️ Near oversold – eyes on bounce setup)
📈 IMX Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If IMX Holds Above $0.414):
Entry: Above $0.430
Targets: $0.442, $0.446, $0.465
Stop-Loss: $0.413
🔹 Bearish Scenario (If IMX Breaks Below $0.413):
Entry: Below $0.412
Targets: $0.397, $0.381, $0.365
Stop-Loss: $0.431
🔍 Should You Hold or Sell?
✅ RSI approaching 30 = prime bounce territory
⚠️ MACD still bearish = wait for confirmation before entering long
📉 $0.442–$0.446 is key resistance zone – breakout above that flips structure bullish
💡 Pro Tip:
🚀 Break above $0.446 with solid volume = fast push to $0.465+
⚠️ Failure to hold $0.414 = likely retest of $0.38–$0.36 range
📢 Are you loading IMX on this dip or staying in cash? Let’s trade smarter—drop your view below!
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