Urgent Watch: $IMX Eyes Key Levels on 15m Chart Amid Bearish Pressure
⚡️ Get instant AI analysis on our Telegram bot: FinoraEN_Bot
$IMX trades lower below recent highs with resistance looming near 0.723, signaling bearish control on the 15m timeframe. Traders should watch for decisive moves around critical support.
Price remains bearish while staying under 0.723 resistance. A drop below 0.707 or 0.699, followed by a quick reclaim of 0.710 confirmed by bullish candles, could spark a short-term long toward 0.723 or 0.729. Failure to break above 0.723–0.729 with bearish signals may trigger continuation shorts targeting 0.707, 0.699, and possibly 0.677 if momentum strengthens. A bullish reversal requires reclaiming 0.735 with solid momentum; otherwise, short plays on rallies dominate this 15m outlook.
⚠️ This is an AI analysis and not financial advice.