$IMX /USDT BEARISH REJECTION – LOWER HIGH FORMING BELOW RESISTANCE!
$IMX failed to sustain above $0.535 and is now trading at $0.530, forming a potential lower high pattern. Price is showing weakness near the average level at $0.531, with decreasing momentum and rejection candles building up on the 15-min chart.
Trade Setup (SHORT):
Entry: $0.530 – $0.533
Target 1: $0.522
Target 2: $0.515
Stop Loss: $0.537
Market Outlook:
Price has struggled to hold above the $0.531 average level, and unless bulls reclaim $0.535, $IMX
IMX