💎 The recent market dynamics surrounding #IMX have indeed been quite notable. It appears that IMX is poised to retest the support area, which previously acted as resistance.
💎 Alternatively, the price may even reach the Bullish OB area to fulfill orders, potentially leading to a bounce and continuation of the bullish trend.
💎 Given IMX's ongoing bullish momentum in the mid-term, there's a strong possibility that after hitting the Bullish OB, the price will rebound and proceed to retest the resistance.
💎 Breaking through this resistance zone is crucial, as a successful breakout could pave the way for IMX to reach our target strong resistance area.
💎 However, if IMX fails to bounce from the Bull OB and instead breaks below this area, it could signify a bearish trend, leading to further downward movement and potentially lower price levels.
MyCryptoParadise
iFeel the success🌴
💎 Alternatively, the price may even reach the Bullish OB area to fulfill orders, potentially leading to a bounce and continuation of the bullish trend.
💎 Given IMX's ongoing bullish momentum in the mid-term, there's a strong possibility that after hitting the Bullish OB, the price will rebound and proceed to retest the resistance.
💎 Breaking through this resistance zone is crucial, as a successful breakout could pave the way for IMX to reach our target strong resistance area.
💎 However, if IMX fails to bounce from the Bull OB and instead breaks below this area, it could signify a bearish trend, leading to further downward movement and potentially lower price levels.
MyCryptoParadise
iFeel the success🌴
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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.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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.