$IMX : The Dawn of a New GameFi Era! ๐๐ฎ"
๐ Chart Analysis: IMX/USDTBollinger Bands: Price riding the upper band ๐, showing strong uptrend but nearing overbought levels
โ ๏ธRSI: 75.24 ๐, entering overbought zone. Potential correction ahead โณ.MACD: Positive histogram and MACD above signal line โ , indicating strong momentum.
Moving Averages: 7-day MA above 20 & 99-day MAs ๐, confirming bullish trend.๐ฏ Short-Term Trading Strategy:
Buy Strategy
Entry: Wait for a pullback to mid-band (1.89โ1.90) ๐.Target: Upper band at 2.20โ2.25 ๐ฏ.Stop Loss: Below 1.85 ๐ซ.
Sell Strategy
RSI in overbought zone ๐ฌ. Consider partial selling near 2.20 or higher ๐ค.
Key Observations
Watch for MACD crossing below the signal line โฌ๏ธ = bearish signal.Sustained upper band breakout? More gains possible! ๐น