$IMX / USDT - Bull Run Confirmed! đ„đŻ
The breakout is here! $IMX has surged by 8.72% today, confirming strong bullish momentum. With the current price at $1.459, this marks a prime opportunity for traders.
Entry Point: Current market price ($1.459)
Target Levels:
Short-Term Target: $1.50
Medium-Term Target: $1.55
Long-Term Target: $1.60
Stop Loss: $1.40 (to manage risk effectively)
Analysis:
The 30-minute chart shows consistent green candles breaking above key resistance levels, accompanied by high volume, confirming strong buying pressure. A well-defined uptrend is in play, suggesting potential for further upside. However, it's crucial to stay cautious and closely monitor the trend.
Recommendation:
Short-Term Traders: Consider booking partial profits near $1.50.
Long-Term Holders: This momentum could lead to even higher targets if $1.50 is breached.
Stay disciplined and stick to your strateg lmaoy!