{"id":562566,"date":"2026-01-18T05:30:02","date_gmt":"2026-01-18T00:00:02","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=562566"},"modified":"2026-01-17T18:46:01","modified_gmt":"2026-01-17T13:16:01","slug":"why-immutable-traders-are-betting-long-as-imx-tests-0-30","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\/","title":{"rendered":"Why Immutable traders are betting long as IMX tests $0.30"},"content":{"rendered":"

As the crypto market recovers, Immutable [IMX] has drawn fresh attention from traders. At the time of writing, IMX was up 9.50%, trading at $0.293.<\/span><\/p>\n

This price gain is fueling expectations of further upside, supported by strong market interest. Trading volume surged 65% to $35.48 million, underscoring active participation.<\/span><\/p>\n

The combination of rising price and volume suggests that both traders and investors are backing IMX\u2019s current trend.<\/span><\/p>\n

IMX price action and key level to watch\u00a0<\/strong><\/h2>\n

AMBCrypto\u2019s technical analysis on the daily chart shows that today\u2019s 9.50% gain in the IMX price<\/a> has successfully formed a bullish cup-and-handle pattern and is now on the verge of a breakout.<\/span><\/p>\n

\"Immutable<\/a>
Source: TradingView<\/figcaption><\/figure>\n

Based on the current price action, if IMX\u2019s upside momentum continues and the price breaks above the neckline at the $0.30 level, it could open the door for a further 16% rally toward $0.351 in the coming days.<\/span><\/p>\n

IMX\u2019s bullish thesis can only be validated if the asset clears the neckline; otherwise, history may repeat, and the price could see a reversal, as it has in the past.<\/span><\/p>\n

At the same time, the price has already surpassed the 50-day Exponential Moving Average (EMA), with IMX hovering above it, at press time. This indicates that the asset is shifting toward a short-term uptrend and is a bullish sign for IMX holders.<\/span><\/p>\n

However, the momentum indicator Average Directional Index (ADX), which measures trend strength, has reached 21.17, below the key threshold of 25, indicating weak directional momentum.<\/span><\/p>\n

Are IMX traders turning bullish?<\/b><\/h2>\n

Besides the price action, data from the derivatives platform CoinGlass<\/a> indicates that intraday traders are following the current trend.<\/span><\/p>\n

According to the IMX Exchange Liquidation Map, traders are heavily favoring long-leveraged positions, which continue to rise compared to short-leveraged positions.<\/span><\/p>\n

\"IMX<\/a>
Source: CoinGlass<\/figcaption><\/figure>\n

At press time, $0.276 on the downside and $0.30 on the upside are the two key levels attracting strong trader interest. Data shows that over the past 24 hours, traders have built $384.44K worth of long positions and $305.85K worth of short positions.<\/span><\/p>\n

These positions and intraday trader bets indicate that short-term market sentiment is quite bullish. However, $0.30 continues to act as a strong resistance level.<\/span><\/p>\n

\n

Final Thoughts<\/b><\/h2>\n
    \n
  • IMX gained 9.50%, positioning itself for a potential 16% rally, though it is currently facing resistance.<\/span><\/em><\/li>\n
  • Despite the bullish outlook, the technical indicator ADX suggests that IMX\u2019s current trend remains weak, as its value is below 25.<\/span><\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

    Why IMX traders eye a $0.30 breakout as bullish sentiment strengthens.<\/p>\n","protected":false},"author":97,"featured_media":562569,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-562566","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\nIMX forms bullish cup-and-handle, 16% rally on the cards?<\/title>\n<meta name=\"description\" content=\"IMX forms a bullish pattern as price jumps 9.5%, with rising volume and trader interest hinting at a potential 16% rally if $0.30 breaks.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Immutable traders are betting long as IMX tests $0.30 - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Why IMX traders eye a $0.30 breakout as bullish sentiment strengthens.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-18T00:00:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/Chandan-46_11zon.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Chandan Gupta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Chandan Gupta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"AnalysisNewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\\\/\"},\"author\":{\"name\":\"Chandan Gupta\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/867ebcdd8a8f0ccf1ee9692a9613986d\"},\"headline\":\"Why Immutable traders are betting long as IMX tests $0.30\",\"datePublished\":\"2026-01-18T00:00:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\\\/\"},\"wordCount\":409,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/Chandan-46_11zon.jpg\",\"articleSection\":[\"Altcoin\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\\\/#respond\"]}],\"copyrightYear\":\"2026\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\\\/\",\"name\":\"IMX forms bullish cup-and-handle, 16% rally on the cards?\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/Chandan-46_11zon.jpg\",\"datePublished\":\"2026-01-18T00:00:02+00:00\",\"description\":\"IMX forms a bullish pattern as price jumps 9.5%, with rising volume and trader interest hinting at a potential 16% rally if $0.30 breaks.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/Chandan-46_11zon.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/Chandan-46_11zon.jpg\",\"width\":1920,\"height\":1080,\"caption\":\"IMX forms bullish cup-and-handle, 16% rally on the cards?\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/867ebcdd8a8f0ccf1ee9692a9613986d\",\"name\":\"Chandan Gupta\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/1000007233-e1773645565883-150x150.jpeg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/1000007233-e1773645565883-150x150.jpeg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/1000007233-e1773645565883-150x150.jpeg\",\"caption\":\"Chandan Gupta\"},\"description\":\"Chandan Gupta is is a seasoned crypto analyst with over four years of experience in market research and trading. He specializes in simplifying complex on-chain data to uncover the strategies of crypto whales and major market participants. Alongside on-chain analysis, he breaks down price charts and liquidity movements to deliver clear, actionable insights.\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/chanakya-g\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"IMX forms bullish cup-and-handle, 16% rally on the cards?","description":"IMX forms a bullish pattern as price jumps 9.5%, with rising volume and trader interest hinting at a potential 16% rally if $0.30 breaks.","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\/","og_locale":"en_US","og_type":"article","og_title":"Why Immutable traders are betting long as IMX tests $0.30 - AMBCrypto","og_description":"Why IMX traders eye a $0.30 breakout as bullish sentiment strengthens.","og_url":"https:\/\/ambcrypto.com\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2026-01-18T00:00:02+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/Chandan-46_11zon.jpg","type":"image\/jpeg"}],"author":"Chandan Gupta","twitter_card":"summary_large_image","twitter_creator":"@CryptoAmb","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Chandan Gupta","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"AnalysisNewsArticle","@id":"https:\/\/ambcrypto.com\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\/"},"author":{"name":"Chandan Gupta","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/867ebcdd8a8f0ccf1ee9692a9613986d"},"headline":"Why Immutable traders are betting long as IMX tests $0.30","datePublished":"2026-01-18T00:00:02+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\/"},"wordCount":409,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/Chandan-46_11zon.jpg","articleSection":["Altcoin","News","News 1","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\/#respond"]}],"copyrightYear":"2026","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\/","url":"https:\/\/ambcrypto.com\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\/","name":"IMX forms bullish cup-and-handle, 16% rally on the cards?","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/Chandan-46_11zon.jpg","datePublished":"2026-01-18T00:00:02+00:00","description":"IMX forms a bullish pattern as price jumps 9.5%, with rising volume and trader interest hinting at a potential 16% rally if $0.30 breaks.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/why-immutable-traders-are-betting-long-as-imx-tests-0-30\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/Chandan-46_11zon.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/Chandan-46_11zon.jpg","width":1920,"height":1080,"caption":"IMX forms bullish cup-and-handle, 16% rally on the cards?"},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/867ebcdd8a8f0ccf1ee9692a9613986d","name":"Chandan Gupta","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/1000007233-e1773645565883-150x150.jpeg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/1000007233-e1773645565883-150x150.jpeg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/03\/1000007233-e1773645565883-150x150.jpeg","caption":"Chandan Gupta"},"description":"Chandan Gupta is is a seasoned crypto analyst with over four years of experience in market research and trading. He specializes in simplifying complex on-chain data to uncover the strategies of crypto whales and major market participants. Alongside on-chain analysis, he breaks down price charts and liquidity movements to deliver clear, actionable insights.","url":"https:\/\/ambcrypto.com\/author\/chanakya-g\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/562566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/97"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=562566"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/562566\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/562569"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=562566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=562566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=562566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}