The IMX currency is currently trading at 0.413, approaching a strong support zone at 0.400–0.390, which it has bounced from several times before, making it an important defense level for buyers. If it breaks with a daily close, we may see a drop towards 0.360. On the other hand, the nearest resistance currently is at 0.440, and if it is breached, the upward movement may extend towards 0.480. The overall momentum is leaning downward currently with weak trading volumes, which suggests continued selling pressure. Close monitoring is essential, especially if positive reversal signals appear near the current support.