#IMX (1W) — Outlook

Immutable X (IMX) continues to follow a long-term corrective structure after its explosive rally from the 2022 lows. The chart suggests that the market is still trading inside a broader bearish continuation pattern, although short-term bullish momentum may appear before the next major rejection.

Key Resistance Zone

Major sell area is located between $1.20 – $1.28.

This zone aligns with previous resistance and could trigger strong bearish pressure if revisited.

A short-term bullish impulse toward this region is possible before continuation to the downside.