IMX / TetherUS
Long
Updated

IMX/USDT planning for bullish move? 👀 🚀 IMX Today analysis

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💎Paradisers, IMXUSDT! We've observed a compelling shift as it breaks free from its descending channel, setting the stage for a potential bullish surge.

💎 For quite some time, IMX has been tracing the contours of a descending channel. However, in the shorter time frame (LTF), it has successfully breached this channel.

💎 We're confident in its potential to embark on a bullish trajectory and challenge the overhead bearish OB. Additionally, its current positioning within the demand zone amplifies the bullish outlook.

💎 However, always be prepared: if the price dips below the pivotal support zone, we might see a pronounced bearish downturn.

💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight


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💎Paradisers, following back our prior analysis of #IMXUSDT, the coin has impeccably followed our projections, registering a commendable 10.98% gain. Yet, the journey isn't complete, with significant supply zones still on the horizon.

💎 Notably, #IMX faced resistance at the .5702 mark twice but is now regaining bullish momentum. We're confident that it's poised to approach our primary supply zone shortly.

💎 A deeper dive reveals encouraging volume, and the coin is on the cusp of surpassing the EMA 200. Both these indicators hint at a bullish trajectory in the offing.

💎 The MCP team is on high alert, closely monitoring #IMXUSDT's price movements. Stay engaged as we diligently follow the #IMX journey, ready to harness potential opportunities and keep you updated on crucial developments!
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