$IMX Short Setup – Bears Taking Over!
IMX has pulled back from its 24h high of $0.650 and is showing signs of weakness, with sellers starting to control the move. This opens a short trade opportunity for quick downside gains.
Market Setup:
Short Entry: $0.625 – $0.630
Stop Loss: Above $0.642
Target 1: $0.610
Target 2: $0.595
If price breaks below $0.620 with volume, expect momentum to accelerate toward the lower targets.