We closely examined the Head and Shoulders (OBO) formation, which could occur at $IMX , and this formation took place. While the price was at 1.8, we emphasized that the 2.6 level was the right shoulder target and the importance of this level was quite high. #IMX first received a reaction from the support zone, then broke its falling trend and went to the right shoulder target. I made my warning at 2.6, the price returned to the pinnacle level of 2.61 and when we calculate the current decline level from that level, there is a margin rate of 48%. Now the shoulder depth target is around 1.2-1.3. The support zone now appears as a strong resistance level. If the formation does not reach its target, I will continue to monitor it from afar for now, without jumping on the resistance zone or reaching a satisfactory support level, because the support zone has been broken and seems to have retested.
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{spot}(IMXUSDT)