$IMX

/USDT Technical Analysis & Trade Signal:$

Current Price: $1.39 (+5.83%)

Short-Term Outlook:

The recent uptrend indicates strong bullish momentum with a 5.83% increase over 24 hours.

Support Level: $1.320 (24h Low)

Resistance Level: $1.410 (24h High)

Indicators:

RSI: Approaching overbought territory (above 70), suggesting possible pullbacks.

MACD: Bullish cross, indicating upward momentum.

Volume: Consistent increase, confirming strength in the move.

Trade Signal (Buy):

Entry: $1.38 (near current price)

Stop Loss: $1.32 (below recent support)

Target Levels 🎯:

1. Target 1: $1.42 (Short-term resistance)

2. Target 2: $1.46 (Intermediate level based on previous resistance)

3. Target 3: $1.50 (Longer-term bull target)

Trade Momentum:

Bullish Momentum: Continuation is likely as price remains above $1.38.

Watch for Corrections: Consider profits at resistance levels and be ready for possible consolidation near the upper target.

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