$IMX
SETUP – WATCH KEY SUPPORT LEVELS
$IMX is currently trading at $0.752, showing a +7.12% move. The recent high is $0.810 and the low is $0.701, indicating a short-term consolidation. Price is approaching resistance near $0.766–$0.810, with potential bearish rejection if sellers step in.
Next Move: Bearish continuation likely if price fails to break $0.766–$0.810 convincingly. Watch for support at $0.742 and $0.717.
Targets (TP):
TP1: $0.742
TP2: $0.717
TP3: $0.698
Stop Loss (SL): Above $0.816
Risk Management: Trade small positions relative to account size; risk no more than 1–2% per trade. Avoid chasing price near resistance.