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IMXUSDT UPDATE

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BINANCE:IMXUSDT   IMX / TetherUS

IMX is looking attractive here, price has made a retracement to the 0.618 fib and is already showing strength from buyers at this zone, price is retesting the previous trendline resistance as new support and potentially forming a double bottom on 4HR TF. We can see how the market is currently below the horizontal structure in confluence with the EMA'S. If we see price close above this zone we will be entering a SPOT long on the retest
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