Technical analysis by Du_Trade about Symbol IMX: Buy recommendation (4/23/2025)
https://sahmeto.com/message/3444795

Du_Trade
Rank: 34593
Analytical Power:
1.1
IMX - LONG HOLD
:Buy
Price at Publish Time:
$0.59475
Profit Target:
(+101.75%)$1.2
Stop Loss Price:
(-32.96%)$0.3987

The chart tells its own story. Analyzing IMX/USDT on the 1D timeframe, I see strong potential for a long position. The price has broken out of a descending wedge pattern — a classic bullish signal. Current structure shows early signs of a reversal from the bottom zone.We’ve already seen a bounce from the lower trendline, and with increased volume, there’s momentum building for a potential move up.Let’s see how it plays out — looks like a clean setup for a solid hold.
Source Message: TradingView