the price of this cruptocurrency is in a triangle support and resistance are clearly visible in the chart

IMX is the type of Assets that must be in your portfolio. Not financial advice. But this chart looks very well ready

Price is consolidating around the 0.50 zone, with a bullish breakout above 0.55 potentially targeting 0.68, while a rejection from this area may trigger a bearish continuation toward 0.47 and 0.42. Sideways movement between 0.47–0.55 would signal indecision and further consolidation. Always plan and manage your trades according to your risk tolerance and strategy.

I’m confident that most altcoins are setting up for a 10–20x move from current levels. Many charts are showing clear double bottom formations, SEED_DONKEYDAN_MARKET_CAP:IMX being a great example. The overall market structure looks ready for a major cycle expansion as momentum builds.

Looks like a potential Triple Bottom (orange) on the Daily as well as consolidation on/near the support line (white). This area seems like a great buy zone. Not financial advice.

After a prolonged downtrend since 2022, Immutable X (IMX) is once again testing the critical accumulation zone between 0.48 – 0.38 USDT — a price area that has repeatedly acted as a major turning point in the past. This yellow demand block now represents the last stronghold of buyers, where every dip has historically triggered strong rebounds marked by long lower wicks — a clear sign of buying absorption and smart money activity. For now, IMX remains trapped within a large consolidation range, capped by resistance around 0.75 USDT. Whether the price breaks out or breaks down from this range will likely determine IMX’s trajectory for the months ahead. --- Pattern & Structural Analysis Primary trend: Long-term bearish, but currently showing signs of potential base formation. Demand Zone (Yellow Block): 0.48 – 0.38 USDT, acting as the main accumulation area. Key Resistance: 0.75 USDT — a breakout above this level could mark the start of a trend reversal. Long Lower Wicks: Indicate liquidity sweeps and strong absorption by buyers. Market Structure: Sideways range — a transitional phase between distribution and potential accumulation. --- Bullish Scenario (Reversal Setup) A decisive close above 0.75 USDT, backed by increasing volume, would confirm the start of a new bullish phase. First upside target sits at 1.14 USDT, followed by 2.35 USDT — a major macro resistance zone. The structure would shift from range-bound to higher highs and higher lows, signaling clear bullish control. Confirmation trigger: Formation of a higher low above 0.65 after breakout — indicating sustainable momentum. --- Bearish Scenario (Breakdown from Accumulation Zone) If price closes below 0.38 USDT on the 6D timeframe, it would invalidate the current accumulation range. This breakdown could lead IMX to revisit 0.21 – 0.25 USDT, aligning with previous historical lows. Such a move would confirm a capitulation phase before any major reversal takes place. --- Psychological & Macro Perspective IMX is likely in its “disbelief zone” — the phase where the majority lose interest, yet smart money quietly begins accumulation. The reaction inside the 0.48 – 0.38 USDT demand zone will determine the next macro direction: either the beginning of a long-term reversal, or the final flush before true recovery. --- Conclusion The 0.48 – 0.38 USDT zone is a decisive battleground between bulls and bears. As long as IMX holds above this block, the reversal potential remains alive. A confirmed breakout above 0.75 USDT could trigger a multi-month rally. However, a breakdown below 0.38 would likely lead to another bearish leg toward 0.21 USDT. --- #IMX #ImmutableX #IMXUSDT #CryptoAnalysis #SmartMoney #TechnicalAnalysis #AccumulationZone #SwingTrade #CryptoTA #PriceAction

1. Chart Context Pair: IMX/USDT Timeframe: 1h Current Price: ≈ 0.551 USDT Market sentiment: Price recently failed to create new highs and is now retesting a resistance zone. 2. Trade Setup The highlighted red/green zone represents the short trade idea: Entry Zone: Around 0.551 USDT (current price at resistance). Stop Loss (SL): 0.578 USDT (top of the red box). If price goes above this, the short idea is invalidated. Take Profit (TP): 0.492 USDT (bottom of the green box). Targeting a drop back into support. 3. Risk/Reward Ratio Risk (SL distance): ~0.027 USDT Reward (TP distance): ~0.059 USDT R:R ratio ≈ 2.18:1 This is a favorable setup, offering more than 2x reward compared to risk. 4. Support & Resistance Resistance Zone: 0.55 – 0.57 (price rejected here earlier). Support Zone: Around 0.49 – 0.52 (highlighted in the green zone). The trader expects sellers to step in at resistance and push price back down toward support. ✅ In summary: This is a short position on IMX/USDT where the trader enters at ~0.55, places a stop loss at 0.578, and aims for 0.492. The risk/reward is strong (≈2:1), based on the idea that resistance will hold and price will drop back into the support zone.

Imx short to $0.65 Just opened Sl: 0.705 Time sensitive. Reason for trade: Downtrend + HTF correlation

SEED_DONKEYDAN_MARKET_CAP:IMX - bullish structure 📈 Price is likely to fly soon! 🚀 Bullish above 0.750$ (daily basis). Lower key support: 0.720 - 0.680 - 0.660

Immutable X (IMX) is a layer-2 scaling solution for Ethereum focused on NFTs and gaming. It offers zero gas fees, instant transactions, and high scalability while maintaining Ethereum’s security. Built with StarkWare’s zk-rollup technology, Immutable X lets developers and users mint, trade, and manage NFTs more efficiently. Its token IMX is used for fees, staking, and governance.