đĽ IMX getting crushed â -4.13% drop. Capitulation or buying opportunity?
đ $IMX â Full Technical Breakdown
đš Price Action:
⢠Entry: $0.12 (-4.13% 24h)
⢠Support: $0.12 | Resistance: $0.12
⢠Pivot: $0.12
đ Momentum:
⢠RSI(14): 39.2 â weak momentum
⢠MACD bearish crossover, histogram negative - selling pressure
đ MA Structure:
⢠EMA20: $0.12 | EMA50: $0.12
⢠Bearish alignment: Price < EMA20 < EMA50. Every rally is a sell.
đŻ Actionable Setup:
⢠Bias: SHORT
⢠Target 1: $0.12 | Target 2: $0.13
⢠Stop: $0.11
⢠R:R = 1:1.7
đĽ Long or short? Drop your thesis below đ
$IMX $GALA
#IMX #TechnicalAnalysis #CryptoTrading #PriceAction
đ $IMX â Full Technical Breakdown
đš Price Action:
⢠Entry: $0.12 (-4.13% 24h)
⢠Support: $0.12 | Resistance: $0.12
⢠Pivot: $0.12
đ Momentum:
⢠RSI(14): 39.2 â weak momentum
⢠MACD bearish crossover, histogram negative - selling pressure
đ MA Structure:
⢠EMA20: $0.12 | EMA50: $0.12
⢠Bearish alignment: Price < EMA20 < EMA50. Every rally is a sell.
đŻ Actionable Setup:
⢠Bias: SHORT
⢠Target 1: $0.12 | Target 2: $0.13
⢠Stop: $0.11
⢠R:R = 1:1.7
đĽ Long or short? Drop your thesis below đ
$IMX $GALA
#IMX #TechnicalAnalysis #CryptoTrading #PriceAction
