Immutable (IMX) 17% Rally May Face Volatility as Whales Short and Indicators Turn Overbought
The post Immutable (IMX) 17% Rally May Face Volatility as Whales Short and Indicators Turn Overbought appeared on BitcoinEthereumNews.com. Immutable (IMX) surged 17.1% to an eight‑month high on strong buyer accumulation across spot and futures, driven by retail buy‑pressure and whale futures positioning; rising volume (+87%) and negative spot netflow signal accumulation but momentum indicators show overbought risk and potential short‑term volatility. Buy-side accumulation: spot buy volume outpaced sells and spot netflow turned negative, indicating accumulation. Whales increased futures activity and average order size, with futures data showing more short positions than longs. Momentum overheat: Stochastic RSI at 100 and RSI ~80, raising retracement risk despite continued capital inflows. Immutable IMX surge: IMX jumps 17% as buyers accumulate; check key metrics and risk levels—read now for trade-ready insights. ‘, ‘
The post Immutable (IMX) 17% Rally May Face Volatility as Whales Short and Indicators Turn Overbought appeared on BitcoinEthereumNews.com.
Immutable (IMX) surged 17.1% to an eight‑month high on strong buyer accumulation across spot and futures, driven by retail buy‑pressure and whale futures positioning; rising volume (+87%) and negative spot netflow signal accumulation but momentum indicators show overbought risk and potential short‑term volatility. Buy-side accumulation: spot buy volume outpaced sells and spot netflow turned negative, indicating accumulation. Whales increased futures activity and average order size, with futures data showing more short positions than longs. Momentum overheat: Stochastic RSI at 100 and RSI ~80, raising retracement risk despite continued capital inflows. Immutable IMX surge: IMX jumps 17% as buyers accumulate; check key metrics and risk levels—read now for trade-ready insights. ‘, ‘
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