🚨 IMXUSDT Trading Setup 🔀🚨

After a significant break of the strong downward trend line, IMXUSDT has now pulled back to a crucial support range between 1.2114 - 1.3918. This zone has historically acted as a solid base, making it a great spot for potential bullish movement. 🟢

Why the Setup Looks Bullish:

The price is now consolidating at support after a trend line breakout, a classic setup for a potential reversal and strong upside move. If momentum continues to build, we could see a substantial rally from this level.

First Target:

📍 1.8031

This is the immediate target that aligns with prior resistance levels and Fibonacci retracement zones.

Additional Take Profit Targets:

1️⃣ 1.9800 – A strong resistance level that could be tested if the bullish momentum holds.

2️⃣ 2.1572 – Potential continuation level based on past highs and increasing volume zones.

3️⃣ 2.4035 – A long-term bullish target where historical price action has seen significant selling pressure in the past.

Keep an eye on these levels for entries and exits, and adjust your stop losses based on real-time price action.

📈 Reminder: Risk management is key! Always ensure you set appropriate stop losses and position sizes to protect your capital. Happy trading! 🚀

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