Technical analysis by MasterAnanda about Symbol IMX: Buy recommendation (5/11/2025)

MasterAnanda

Here we have the establishment and confirmation of a long-term support and double-bottom. IMXUSDT activated in April 2025 the same level and low as back in November 2022.From November 2022 through March 2024 IMX went bullish. This bullish cycle produced 900% total growth (10X).From March 2024 through April 2025 IMX went bearish. This bearish period removed all gains from the previous bullish cycle. A complete reset.Now IMXUSDT is back to zero and anything is possible. This project can grow 1,655% as shown on the chart just as it can grow 3,000% or even 10,000%.The reason why I cannot make a more accurate prediction about the next All-Time High is because there is not enough chart data. Immutable was not present in the last bull market so we don't know how this pair is likely to behave in a similar cycle.900% growth is quite decent in the transition/recovery year, so I wouldn't be surprised to see at the minimum 2,000% to 3,000% growth in the coming months. Can be more, can be less, but it will grow.Looking closer, in the last three months IMXUSDT produced a classic rounded bottom pattern. This week, the action is moving back above the baseline; the bullish zone.This weekly session closes in just a few hours. Once the week closes above the blue dotted line, this signal is fully confirmed. The same signal from early 2023. This clearly shows what I've been saying, we will have a bull market now, in 2025. Prepare for long-term growth.Namaste.