💎 Paradisers, #IMX has recently experienced notable market dynamics. Currently positioned around the support area, IMX has a history of successfully bouncing off this support and initiating significant upward movements.
💎 There's potential for IMX to repeat this pattern, with a bounce off the support followed by a breakout above the resistance trendline, potentially leading to continued upward movement toward the strong resistance area.
💎 However, if IMX fails to maintain support and breaks below it, the next likely stop is the daily demand area of around $1.78.
💎 When IMX reaches the demand area, a bounce is crucial, as this zone is pivotal. For IMX to reach the strong resistance, it's essential to reclaim the price above the support area. Failure to do so, and a breakdown below the demand area, could signify a bearish momentum, leading to significant downward movement.
💎 There's potential for IMX to repeat this pattern, with a bounce off the support followed by a breakout above the resistance trendline, potentially leading to continued upward movement toward the strong resistance area.
💎 However, if IMX fails to maintain support and breaks below it, the next likely stop is the daily demand area of around $1.78.
💎 When IMX reaches the demand area, a bounce is crucial, as this zone is pivotal. For IMX to reach the strong resistance, it's essential to reclaim the price above the support area. Failure to do so, and a breakdown below the demand area, could signify a bearish momentum, leading to significant downward movement.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.