$IMX : On the brink of a historic breakout 💥
The main downward trend line has been in place for months. The price is currently testing a critical support area around $0.45 - $0.48.
What are we watching for?
A price rebound from the current support area.
Movement towards the downward trend line and a strong attempt to break it.
If the breakout occurs, the next targets will be $0.796 then $1.029, with the possibility of reaching $1.422.
The next breakout could be the beginning of a significant shift in price direction.