$IMX is currently in a bearish market structure, trading at 0.428 USDT.
With a notable support level at 0.426 USDT, a breakdown could trigger further declines.
The resistance level lies at 0.467 USDT, providing a target for potential reversals.
Given the low RSI at 26.25, a pullback entry strategy may be considered.
However, watch for Bitcoin’s volatility and macroeconomic factors that could impact overall sentiment.
