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Technical analysis by Du_Trade about Symbol IMX: Buy recommendation (4/23/2025)

https://sahmeto.com/message/3444795
Du_Trade
Du_Trade
Rank: 467
3.1
Buy،Technical،Du_Trade

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.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$1.2
Stop Loss Price
$0.3987
Price at Publish Time:
$0.59475
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