Immutable X is a Layer-2 token on the Ethereum blockchain focused on NFTs and Web3 games. By analyzing current data, technical indicators, fundamental factors, and video game market forecasts, we can draw the following conclusions:
📈 Technical analysis:
• Price at the time of update: $0.648 (+15.5%).
• The coin broke through the key level of $0.600, then briefly reached $0.680 and is correcting downwards.
• An increase in volumes is observed, the momentum has been played out, the MACD and RSI indicators are starting to signal the exhaustion of the trend.
• A correction is likely and a good opportunity for a short-term short in the $0.640–$0.680 region with a target of $0.600–$0.580.
🚀 Fundamental factors:
• IMX has entered into powerful partnerships with Ubisoft, GameStop, Polygon and ESL Gaming.
• Positive regulatory backdrop: SEC closed its investigation with no findings.
• Mass adoption of Web3 in the gaming sector increases trust.
🌐 Gaming Market Overview (2025–2027):
• The gaming market will grow to $213 billion by 2027.
• The gaming audience will exceed 3.75 billion people.
• IMX at the center of the trend - Web3 games, NFT, scalability.
🎯 Risks and strategy:
• The growth was sharp and at high volatility - this often leads to a correction.
• Recommended tactics: take profit, wait for confirmation of trend change or short with tight stop above $0.680.
✅ Those who read our previous IMX review could have secured a great profit! We gave a signal for growth when the coin was at $0.59–0.60. Today — +15% and the price reached $0.68.
Now that the impulse has played out, a correction is brewing according to the technique. We believe that a short strategy is relevant in the short term. The level of $0.64–0.68 is a resistance zone.
Strategy for $IMX :
• Short from $0.648–0.660
• Target: $0.600–0.580
• Stop: $0.685
⚠️ Remember: the market is a probability, not a guarantee. Trade wisely.