🔥 IMX getting crushed — -7.74% drop. Capitulation or buying opportunity?

📊 $IMX — Full Technical Breakdown

💹 Price Action:
• Entry: $0.18 (-7.74% 24h)
• Support: $0.17 | Resistance: $0.19
• Pivot: $0.18

📈 Momentum:
• RSI(14): 57.1 — neutral zone
• MACD bearish crossover, histogram negative - selling pressure

🔗 MA Structure:
• EMA20: $0.18 | EMA50: $0.16
• Golden structure: Price > EMA20 > EMA50. Trend is your friend.

🎯 Actionable Setup:
• Bias: SHORT
• Target 1: $0.19 | Target 2: $0.20
• Stop: $0.17
• R:R = 1:1.2

🔥 Long or short? Drop your thesis below 👇

$IMX $GALA

#IMX #TechnicalAnalysis #CryptoTrading #PriceAction