Trade setup for #IMX/USDT 📉📈:

🔄 Pattern: Resistance Breakout

🚀 Breakout Confirmation: Following a bullish breakout from a Descending Triangle pattern, IMX reached our target at $2.85 for a +40% gain.

⚖️ Overbought: RSI is extremely overbought (> 80) and could imply a brief pause or pullback. (Set a price alert)

📈 Trend: Uptrend across Short-, Medium-, and Long-Term.

🚀 Momentum: Bullish momentum confirmed with MACD Line above Signal Line. However, RSI is extremely overbought.

💪 Support/Resistance: Nearest Support Zone at $2.30 (previous resistance), followed by $1.75. Resistance Zone stands at $2.85 and $3.50.

Trade wisely and stay adaptable! 🌐📉🚀 #Write2Earn #TradingSetup #ResistanceBreakout $IMX