#IMXUSDT 🔀 After breaking the strong downward trend line, the price has pulled back to the support range of 1.2114-1.3918 and the price is suitable for a stronger upward movement.
The first target that can be considered is 1.8031
The first target that can be considered is 1.8031
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#IMXUSDT recently rejected the resistance level of 1.818. This price point has proven to be a strong barrier, causing a temporary pullback. However, this rejection does not necessarily indicate a downtrend yet. Instead, the focus shifts to the support zone of 1.449, where we expect a possible rebound or continuation. However, we should be cautious.
If it breaks below 1.449, the bullish scenario could be completely nullified, paving the way for a significant downside move. Such a breakdown would be a strong signal to reassess market sentiment and adjust positions accordingly.
If it breaks below 1.449, the bullish scenario could be completely nullified, paving the way for a significant downside move. Such a breakdown would be a strong signal to reassess market sentiment and adjust positions accordingly.
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