📊 Technical Analysis

The 4-hour chart shows a strong recent bullish trend, with some signs that warrant caution:

· Overall Trend: The price rose from a low of $0.1418 to a peak of $0.1956, but it has currently pulled back to $0.1774.

· Moving Averages (EMA): The averages (EMA 7 and 25) are in an upward order, supporting a positive outlook in the short term. The EMA 99 at $0.1471 acts as strong support.

· MACD indicator: It shows a positive crossover (DIF above DEA), but momentum is fading, indicating weakening buying strength.

· Support and resistance:

· Resistance: $0.1847, then the peak at $0.1956.

· Support: $0.1711 (immediate support), then the 25 EMA at $0.1667, followed by the low at $0.1418.

📰 Fundamental analysis (market news)

· Unlock event: 9.62 million IMX tokens (worth ~1.24 million USD) are scheduled to be unlocked on September 5, 2026. This usually increases available supply, but its current value is relatively small compared with the daily trading volume ($17.92 million), so the impact may be limited.

· Sector performance: Gaming coins saw a broad rebound recently, with IMX rising by +18.43% over one week, suggesting improving investor sentiment.

· Analysts’ outlook: Some analysts agree that the price structure is improving, with expectations of testing upcoming resistance zones, while others warn of weakening momentum and a decline in liquidity.

💎 Summary

Pair in a confluence zone: The short-term uptrend is still in place thanks to the moving averages, but weak momentum and the upcoming unlock may limit further upside. The $0.1711 zone is a critical point; holding above it keeps the bullish scenario active, while breaking below may open the door to more downside toward $0.1667.

⚠️ Warning: Technical analysis is not a guarantee of future results, and the digital market is highly volatile. Please always manage risk and do not invest more than you can afford to lose.