One of the Cleanest Alt Setups Right Now? IMX Says Yes

27 Sep

Immutable (IMX) has staged a strong rebound from its $0.60 accumulation base, now trading near $0.77. The move has been led by spot demand, not perps — a healthier driver compared with many alt pumps.

HTF Structure:
• Rebound from $0.60.
• First supply rejection at $0.95.
• Key continuation trigger = acceptance >$0.80–0.82.
• Relative strength vs BTC (+12% over 5 days).

Orderflow / Derivatives:
• Spot volume dominates ($40m+ daily).
• OI stable at ~$60m — not crowded.
• Funding neutral.
• Liquidation cluster around $0.80 cleared; next pockets sit >$0.90.

Levels to watch:
• Upside: $0.82 (trigger), $0.90 (sweep), $0.95 (supply cap).
• Downside: $0.72 (pivot), $0.65 (base retest), $0.60 (invalidates bullish case).

Scalp Playbook:
🟢 Long: $0.72–0.74 entry, SL $0.65, targets $0.82 → $0.90 → $0.95. (~3.5:1 RR, Trust B).
🔴 Short hedge: rejection >$0.90, SL $0.96, targets $0.82 → $0.74. (~3:1 RR, Trust C).

Bottom line:
IMX stands out in the current alt rotation: spot-driven, derivatives stable, BTC pair confirming strength. Bias = long pullbacks, hedge only above $0.90.

⚔️ Candle Craft | Signal. Structure. Execution.

7 hari lalu

Dagangan aktif

Easy trade. We opened after confirmation of sweep fam.