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Hxlaw
Hxlaw
$IMX 📊 IMX/USDT Technical Analysis (1H Frame) 1. Current trend • Current price: 0.2060 USDT, recording a sharp increase of +12,38% in the past 24 hours. • Price structure: The chart shows a strong recovery from the bottom of 0.1827 USDT. The price has broken out of the accumulation zone and is maintaining a vertical upward momentum (parabolic move). • Moving average (MA): The price is on all important MA lines (MA5, MA10, MA20, MA30, MA60, MA120). In particular, the short-term MA lines are steeply steeply, confirming the short-term uptrend. 2. Volume signal (Volume) • Trading volume has a sudden increase along with long-studed green candles. This shows that the buying force is overwhelming and the cash flow is pouring in pushing the price up. 📈 Trading strategy (Reference) Although the trend is rising very strongly, buying and chasing (FOMO) at the top of 0.2060 - 0.2086 can be risky. The reasonable strategy is to wait for the adjustment rhythms: • Purchase area (Entry): • Zone 1: Around 0.2027 USDT (supported by MA5 line). • Zone 2: Around 0.1972 USDT (supported by MA10 and the old peak that has just crossed). • Take Profit Target (Take Profit): • TP1: 0.2150 USDT. • TP2: 0.2200 USDT. • Stop Loss (Stop Loss): Below 0.1900 USDT (if the price breaks through important support MA lines).

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