$IMX Short Trade Setup – Targeting $0.45 & $0.40
#ImmutableX has been unable to break above the $0.48 resistance level. The price is exhibiting bearish tendencies, indicating a possible decline.
Price Action Update:
Current Price: $0.48
High: $0.48
Support Zone: $0.45
Major Support: $0.40
Trade Setup:
Entry Zone: Around $0.47 – $0.48
TP1: $0.45
TP2: $0.40
Stop-Loss: Above $0.50
A sustained move below $0.48 could validate this short setup.
