The analysis of #IMX reveals that it has reached a critical support zone between $1.04 and $1.06, where the price has been declining significantly. Given the current bear pressure, it may be prudent for traders to exercise caution and consider staying away from the asset for now. However, with the broader market trending bullish, this area could present an opportunity to accumulate positions, especially if the price drops further to around $0.52. As the market dynamics evolve, this support zone may serve as a potential entry point for those looking to capitalize on future gains.
