$IMX : The Dawn of a New GameFi Era! 🚀🎮"
📈 Chart Analysis: IMX/USDTBollinger Bands: Price riding the upper band 🚀, showing strong uptrend but nearing overbought levels
⚠️RSI: 75.24 📊, entering overbought zone. Potential correction ahead ⏳.MACD: Positive histogram and MACD above signal line ✅, indicating strong momentum.
Moving Averages: 7-day MA above 20 & 99-day MAs 📐, confirming bullish trend.🎯 Short-Term Trading Strategy:
Buy Strategy
Entry: Wait for a pullback to mid-band (1.89–1.90) 🔄.Target: Upper band at 2.20–2.25 🎯.Stop Loss: Below 1.85 🚫.
Sell Strategy
RSI in overbought zone 😬. Consider partial selling near 2.20 or higher 📤.
Key Observations
Watch for MACD crossing below the signal line ⬇️ = bearish signal.Sustained upper band breakout? More gains possible! 💹