#IMX/USDT
2024-10-19

#IMX

The price is moving in a descending channel on the 12-hour frame upwards and is expected to continue.

We have a trend to stabilize above the moving average 100 again.

We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.

We have a support area at the lower limit of the channel at a price of 1.35.

Entry price 1.50.
First target 1.62.
Second target 1.78.
Third target 1.90.