-
IMX trades near $0.1738, pressing against intraday resistance at $0.1739 after a 3.1% price increase.
-
The zone between $0.20 and $0.21 is a proven 3D S/R flip, and resilient downside structure is strengthened through more and more rejections.
-
The nearest support is at $0.1647 with a breakdown maintaining the following visible levels of the chart at $0.15 and $0.13.
Price action failure on the three-day chart depicts a long-term decreasing trend with low highs and lows. At the time of writing, IMX was trading at the range of $0.1738, with an increment of 3.1 percent per day. Nonetheless, the bigger picture does not yet indicate this temporary recovery, which is that the bigger framework is still confined within a significant resistance band.
This is a range of $0.20 to $0.21 that served as support and was turned into resistance. As the market moves closer to this area, market formation, volume, and recent movement of the candle formations are well aligned with the downside continuation risks.
3D Chart Structure Highlights a Confirmed S/R Flip Zone
Notably, the chart shows a clear support-to-resistance flip near $0.20–$0.21, highlighted directly on the three-day timeframe. This zone previously absorbed selling pressure before breaking down decisively. After that breakdown, price failed to reclaim the level, confirming the flip. Each recent recovery attempt stalled below this band.
$IMX Facing 3D S/R Flip ⚠️
Currently trading around $0.1674, price is approaching the $0.20–$0.21 S/R flip zone.
As long as this level acts as resistance, downside continuation remains likely — next support to watch sits around $0.15, with deeper levels near $0.13 👀📉 pic.twitter.com/Ax5HnipYNZ
— CryptoPulse (@CryptoPulse_CRU) February 18, 2026
Moreover, long upper wicks near this zone indicate consistent rejection. As a result, the broader trend structure remains bearish. Importantly, price continues trading well below prior swing levels, reinforcing the dominance of sellers across higher timeframes.
Short-Term Levels Define Immediate Market Range
In the meantime, the short-term price action exhibits narrower ranges. IMX is actively trading above $0.1647, and this serves as the support in the near-term. The 24-hour resistance is at $0.1739, which is also in tandem with the current trade price. Such compression indicates decreased momentum as opposed to reversal of trend.
Further, IMX records 0.052565 BTC (3.1) and 0.00008700 ETH (1.3) with relative strength which is not too strong but without structural shift. The following negative level stands at $0.15, then there is the level of 0.13, which is simply on visible chart support.
Short-Term Price Outlook Hinges on $0.1739 Reactions
However, short-term direction depends on immediate reactions. A continued trading above the level of $0.1739 in a bullish market might enable the market to climb towards the level of $0.18, yet still within the major resistance zone.
On the other hand, a bearish situation would be when price is rejected at or below $0.1739, and moves back to $0.1647. Any decline under that would reveal $0.15 today, according to the mere chart formation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin, stocks soar as markets respond to chance of US and Israel-Iran war ending
Bitcoin (BTC) briefly jumped to $68,589, and US stock markets rallied as investors reacted to US President Donald Trump's statements on considering options for ending the US and Israel-Iran war. Separate, unconfirmed comments attributed to Iranian President Masoud Pezeshkian also suggested that Iran
Cointelegraph26m ago
Gate Daily Report (April 2): The U.S. Department of the Treasury releases a notice of proposed rules for the “GENIUS Act”; the CFTC says it is prepared to regulate the entire crypto market
Bitcoin (BTC) dipped in the short term to $67,600. The U.S. Department of the Treasury launched a small consultation on regulatory guidance for stablecoins under the “GENIUS Act,” and the CFTC Chair said he is ready to regulate the entire crypto market. Amid market developments, spot Bitcoin inflows are slightly higher than outflows, and the CFTC and the SEC have signed an agreement to coordinate digital asset regulation.
MarketWhisper30m ago
BTC 15-minute drop of 0.67%: leverage exits layered with short-side dominance sparked a short-term pullback
From 2026-04-02 01:00 to 01:15 (UTC), the BTC return rate recorded -0.67%. The K-line data range was 67,639.7 to 68,595.1 USDT, with a range of 1.39%. During this period, market attention increased, volatility noticeably intensified, and investors’ trading behavior became more short-term.
The main drivers of this unusual move were the concentrated withdrawal of leverage capital in the derivatives market and bearish sentiment taking the lead. Futures open interest fell by about $200 million in just 15 minutes, reflecting a faster release of leverage-related risk. At the same time, the funding rate turned negative, indicating that the bears had gained dominance.
GateNews43m ago
Why is Bitcoin rising today? Trump plans to declare the end of the war, and the short covering potential is being strengthened.
U.S. President Trump plans to announce that Iran’s military targets have been achieved, the war is nearing its end, and the U.S. and Iran are in talks to negotiate a ceasefire. This situation is boosting market sentiment and pushing Bitcoin higher. K33 Research shows that Bitcoin ETF shorts have reached a historical high, and the market structure indicates signs that a bottom may be forming, suggesting a possible near-term uptrend.
MarketWhisper57m ago
ETH 15-minute rally up 0.72%: technical rebound signals and derivatives positions in sync drive the market up
From 2026-04-02 00:30 to 2026-04-02 00:45 (UTC), the ETH 15-minute candlestick shows a gain of +0.72%. The price range is 2137.74 to 2157.47 USDT, with a swing of 0.92%. The volatility is moderate, but as market attention to this unusual move increases, the interest in related market conditions and risk discussions also rises.
The main driver of this unusual move is the convergence of multiple technical rebound signals and derivatives positioning at high levels. A long-legged doji on the monthly chart has formed, creating expectations of a trend reversal. On the daily chart, the RSI is already at 42, having dropped into the oversold zone. 4
GateNews1h ago
Today’s Crypto Fear and Greed Index has risen to 12, and the market is in extreme fear.
Gate News message, April 2, according to Alternative.me data, today the Crypto Fear and Greed Index rose to 12 (the index was 8 yesterday), and the market is in an "extreme fear" state.
GateNews1h ago
