IMX has once again defended the $0.37–0.38 demand zone, bouncing sharply off the lows. This level has acted as a long-term accumulation base since late 2022, and price is now showing early signs of another range rotation.
Currently trading at $0.61, IMX is holding above the reclaimed support. As long as this level is maintained, the setup favors a move toward the mid-range and potentially the upper boundary of the established range.
🎯 Key Levels:
Support: $0.38 (range low & invalidation)
Mid-range: $1
Target: $2.65 (range high)
If bulls can push through the $1 mid-range resistance, the top of the range at $2.65 becomes the next magnet.
📌 Risk Management:
$0.38 is the line in the sand. A close below this level breaks the structure and invalidates the setup.
Currently trading at $0.61, IMX is holding above the reclaimed support. As long as this level is maintained, the setup favors a move toward the mid-range and potentially the upper boundary of the established range.
🎯 Key Levels:
Support: $0.38 (range low & invalidation)
Mid-range: $1
Target: $2.65 (range high)
If bulls can push through the $1 mid-range resistance, the top of the range at $2.65 becomes the next magnet.
📌 Risk Management:
$0.38 is the line in the sand. A close below this level breaks the structure and invalidates the setup.
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.