IMX has retraced back to a solid daily support zone after pulling back from the $0.21 peak. Open Interest has reset, clearing out excessive leverage. Looking for a trend reversal / bounce off this demand level.
Remember our previous setup? $BR pumped straight up and cleanly hit TP 1 before a broader market pullback brought it right back to our original entry zone!
Classic retest behavior. For those who secured profits at TP1, great job! For those looking at the current price around $0.40, it's sitting right back at the accumulation point.
🎯 What's Next?
Status: Re-testing support / consolidation base.
Plan: Holding the line above support. If this zone holds firm, we could see another push toward those higher targets. Keep risk tight and manage your entries!
After a massive retracement from its $1.40 local high, $BRUSDT is finally showing signs of absorption and seller exhaustion around the $0.38 - $0.40 demand zone.
$FUN why so many AI generated photos being posted for $FUN ? Also all of the posts are similar, mostly AI generated! Is this coin really going to pump or is this scam? It's been more than a week but the price is still the same as 2 weeks before.