$IMX is trading near the lower boundary of a falling channel, where buyers are attempting to defend support.
A breakout above the descending trendline could trigger a strong recovery toward the $0.19–$0.22 resistance zone, while failure to hold support would keep the downtrend intact.
A breakout above the descending trendline could trigger a strong recovery toward the $0.19–$0.22 resistance zone, while failure to hold support would keep the downtrend intact.