$IMX is showing resilience by holding firmly at the 7-period Moving Average (MA(7): 0.274) and defending the 24-hour low despite broader market weakness. The price is consolidating near this key support level, suggesting a potential pause in the downtrend. A successful bounce from this zone could trigger a relief rally, offering a strategic counter-trade opportunity amid the prevailing bearish sentiment.

Entry Zone: 0.273 - 0.275

TP1: 0.280

TP2: 0.283

TP3: 0.286

Stop Loss: 0.271

Risk Management: Use a tight stop loss below the 24-hour low. Confirm entry with an uptick in buying volume to validate the reversal signal.

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IMX
IMXUSDT
0.268
-3.03%