The price of $IMX is currently at 0.271 USDT and there has been a mild correction of 1.45% in the last 24 hours, the market is experiencing a slight sideways movement. Strong support at 0.268 is the 24h low that has held the price today, if this breaks then the next support is around 0.265. On the upside, immediate resistance at 0.281 is the 24h high, which needs to be broken for a bullish move. If a breakout occurs, the next target could be the area of 0.285 and then 0.290. The good thing is that the order book indicates that buyers are quite dominant (62.87%), signaling strong buying interest and selling pressure appears to be low. Overall sentiment is slightly positive with this order book imbalance, but wait for a clear breakout.

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