$IMX USDT launches 3.62% to 0.229, supported by heavyweight volume of 6.29M tokens and $1.44M in USDT. The Layer 2 token is consolidating just below the 24-hour high of 0.236, with all three key EMAs converged precisely at 0.228, forming a powerful support cluster. A breakout above the immediate resistance at 0.230 could quickly target 0.235. The tight compression of moving averages indicates a major equilibrium; the next sustained move will define the short-term trend. Holding above the EMA confluence is critical for bulls to maintain control and challenge higher levels.