$IMX (#Layer2 #ImmutableX)
🔻 Trend Break Point: A bullish reversal could be confirmed if the price holds above $1.67.
🔻 Decision Zone: Price action seems to be forming a structure similar to May-October 2023. There is accumulated liquidity that could trigger a short squeeze. Near-term targets for a bounce are $1.7 - $2.1.
🔻 Fundamentals: Keep an eye on the unlock pressure.
🔻 Downside Risk: Key support levels are $0.93 - $0.77, with a possible further drop to $0.58.
🟢 Green zone = buying opportunities. 🔴 Red zone = selling or profit-taking zones. Watch for key setups around these areas.
🔻 Decision Zone: Price action seems to be forming a structure similar to May-October 2023. There is accumulated liquidity that could trigger a short squeeze. Near-term targets for a bounce are $1.7 - $2.1.
🔻 Fundamentals: Keep an eye on the unlock pressure.
🔻 Downside Risk: Key support levels are $0.93 - $0.77, with a possible further drop to $0.58.
🟢 Green zone = buying opportunities. 🔴 Red zone = selling or profit-taking zones. Watch for key setups around these areas.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.