#IMX STAYING ON TOP OF THE PREVIOUSLY BROKEN MAJOR RESISTANCE
If you're looking for an in-depth analysis of IMX, then, you're in the right place.
Here's why.
IMX has continued to establish its foothold at its nearly established new support. For every test that the sellers conduct on this support. Many buyers anticipate the sudden volatility of the prices caused by several tests. Hence, leading to abrupt bounces. From the opening of this week alone, IMX gathered 17.47% increase which has provided a great opportunity for day traders who have done some long positions. As IMX continues to hold this key level, we're also looking at the probabilities of a shakeout just below this support until it creates another impulsive wave upwards.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
