$IMX – price increase waiting to break resistance
Futures price 0.1761 USDT, up 4.70%/24h; price has rebounded from 0.1701 and the most recent 1H candle closed at 0.1764.
🟢 If the 1H candle closes above 0.1769, the uptrend may test back at 0.1803.
🔴 If it closes below 0.1737, the risk is a pullback to 0.1701; the bullish scenario is invalidated when the 1H candle closes below this level.
The current 1H candle has not closed yet, so wait for confirmation instead of chasing the price.
Personal observation, not an investment recommendation. 1% risk, always have a stop point.
#IMX #Futures #Crypto
Futures price 0.1761 USDT, up 4.70%/24h; price has rebounded from 0.1701 and the most recent 1H candle closed at 0.1764.
🟢 If the 1H candle closes above 0.1769, the uptrend may test back at 0.1803.
🔴 If it closes below 0.1737, the risk is a pullback to 0.1701; the bullish scenario is invalidated when the 1H candle closes below this level.
The current 1H candle has not closed yet, so wait for confirmation instead of chasing the price.
Personal observation, not an investment recommendation. 1% risk, always have a stop point.
#IMX #Futures #Crypto
