IMX Technical Analysis: Market Structure, BOS Levels and Key Supports
IMX Technical Analysis (22 Mar 2026) highlights a short-to-medium term uptrend in IMX/USDT, with the pair trading around $0.1844 (+~11% over the period shown). The article says IMX is maintaining a bullish HH/HL (higher highs/higher lows) structure as long as price holds above the key swing low at $0.1677.
Bullish trigger: a daily close above $0.1715 would confirm a new higher high and set up a move toward $0.1981 (major BOS level). If $0.1981 breaks, the next upside continuation target cited is $0.2409. MACD histogram remains supportive, while RSI is near neutral (around 51), suggesting momentum is present but not overheated.
Resistance and risk: Supertrend is flagged bearish near the $0.20 resistance area, raising the probability of a pullback or a double-top style rejection. The downside “CHoCH” risk increases if IMX closes below $0.1677, which could trigger a bearish BOS and a quick retrace toward $0.1589 and $0.1496. A further bearish extension target mentioned is $0.0798, but this requires weekly confirmation (lower-low behavior).
Catalyst context: the piece links strength to Robinhood spot listing news (19 Mar 2026) and notes positive divergence versus BTC. Traders are advised to monitor multi-timeframe (1D/3D/1W) levels and use $0.1677 for long invalidation.
Overall, this IMX Technical Analysis frames the structure as bullish while emphasizing tight risk control around $0.1677.
Bullish
The article’s core claim is structural bullishness for IMX: it preserves the HH/HL pattern and the uptrend is considered valid while IMX holds above the swing low at $0.1677. The identified bullish BOS route (close above $0.1715, then break $0.1981) supports a continuation scenario consistent with prior “break-and-continue” market structures seen in altcoins after listing or positive catalysts.
However, it also flags near-term pullback risk: bearish Supertrend near ~$0.20 and the CHoCH trigger below $0.1677 could cause a retracement (liquidation cascade risk is mentioned) similar to how traders typically reprice when key swing supports break.
Net impact: traders may lean long/rotate into upside attempts if $0.1677 holds, but they will likely tighten stops and watch rejection at $0.1715–$0.20. In the short term, this can increase volatility around resistance; in the medium term, successful BOS would keep the path open toward higher targets ($0.1981 → $0.2409).