$IMX Stabilizing After a Clean Liquidity Sweep

This drop did exactly what weak hands needed to see price flushed into the 0.216 zone and buyers stepped in fast now we are seeing a short base forming while selling pressure cools

Entry: 0.218 to 0.216

Target: 0.224 then 0.229

Stop loss: 0.213

Pro tip after sharp intraday dumps focus on how price reacts at the low not how fast it bounced slow basing with lower volume often leads to controlled recoveries in volatile markets

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IMX

0.221

-3.91%