Post
IMX After a 90% Dump — This Level Matters Most
📌$IMX has seen a massive dump from ~$3.5 to ~$0.2 since March 2024 📉
📌Price has been rejected 3 times from the descending trendline, showing strong selling pressure from higher levels ❌
📌Currently, price is consolidating near a strong green support zone . This zone has held price multiple times before ✅
📌For price to move up:
✔️ Support zone must hold strongly
✔️ A clean breakout above the trendline is needed
📌If both conditions are met, trend reversal can start 🚀
{spot}(IMXUSDT)
📌$IMX has seen a massive dump from ~$3.5 to ~$0.2 since March 2024 📉
📌Price has been rejected 3 times from the descending trendline, showing strong selling pressure from higher levels ❌
📌Currently, price is consolidating near a strong green support zone . This zone has held price multiple times before ✅
📌For price to move up:
✔️ Support zone must hold strongly
✔️ A clean breakout above the trendline is needed
📌If both conditions are met, trend reversal can start 🚀
{spot}(IMXUSDT)
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