$IMX saw a long liquidation at $0.2207, showing that bullish positions were forced out after price failed to hold higher levels. This signals short-term weakness and rejection from resistance, with sellers regaining control. Long liquidations often reset momentum and push price into consolidation or further downside as leverage is cleared. If $IMX remains below the $0.225–$0.230 zone, bearish pressure may persist. A strong reclaim with volume would be needed to stabilize structure and restore bullish confidence.
IMXUSDT
Prep
0.2215
-3.65%