MyCryptoParadise

IMX/USDT keep an eye on support or OB, potential bouncing!

BINANCE:IMXUSDT   IMX / TetherUS
💎 The recent market dynamics surrounding #IMX have indeed been quite notable. It appears that IMX is poised to retest the support area, which previously acted as resistance.

💎 Alternatively, the price may even reach the Bullish OB area to fulfill orders, potentially leading to a bounce and continuation of the bullish trend.

💎 Given IMX's ongoing bullish momentum in the mid-term, there's a strong possibility that after hitting the Bullish OB, the price will rebound and proceed to retest the resistance.

💎 Breaking through this resistance zone is crucial, as a successful breakout could pave the way for IMX to reach our target strong resistance area.

💎 However, if IMX fails to bounce from the Bull OB and instead breaks below this area, it could signify a bearish trend, leading to further downward movement and potentially lower price levels.

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