$IMX/USDT BULLISH STRUCTURE FORMING | POTENTIAL UPSIDE CONTINUATION

$IMX/USDT is showing early signs of strength after a healthy consolidation phase on the lower timeframes. Price is holding above key short-term support while volatility is compressing, often a precursor to an expansion move.

Technical Outlook

Moving Averages are beginning to align upward, indicating improving short-term momentum.

EMA support is holding firmly, suggesting buyers are defending dips.

Bollinger Bands are tightening, hinting at an upcoming breakout.

Parabolic SAR has flipped below price, confirming bullish bias in the near term.

Trade Idea: LONG

Entry Zone: 0.248 – 0.252

Target 1: 0.262

Target 2: 0.275

Target 3: 0.292

Stop Loss: 0.238

A sustained move above the immediate resistance can open the door for a stronger bullish continuation toward higher targets.

Risk Management Risk only a small portion of capital per trade, use a strict stop loss, and secure partial profits at each target to protect gains and reduce exposure.

#TechnicalAnalysis #CryptoTrading #PriceAction #TrendAnalysis #RiskManagement $IMX