The chart tells its own story. Analyzing IMX/USDT on the 1D timeframe, I see strong potential for a long position. The price has broken out of a descending wedge pattern — a classic bullish signal. Current structure shows early signs of a reversal from the bottom zone.
We’ve already seen a bounce from the lower trendline, and with increased volume, there’s momentum building for a potential move up.
Let’s see how it plays out — looks like a clean setup for a solid hold.
We’ve already seen a bounce from the lower trendline, and with increased volume, there’s momentum building for a potential move up.
Let’s see how it plays out — looks like a clean setup for a solid hold.
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🔥Trade cryptocurrency on the exchange ByBit ➡️ partner.bybit.com/b/26365
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🔹Telegram - t.me/+Xls9BuCk2mEyNzEy
🔥Trade cryptocurrency on the exchange ByBit ➡️ partner.bybit.com/b/26365
🔥Trade cryptocurrency on the exchange ByBit ➡️ partner.bybit.com/b/26365
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.