IMX is sliding below the 0.58 level, with each 5‑minute candle carving lower lows. The recent liquidity sweep left the price perched on a thin order block.
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$IMX SHORT 📉
Entry $0.183816-$0.184184 | SL $0.189520 (-3.0%) | TP1 $0.181240 (+1.5%) | TP2 $0.174800 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke lower, confirming a CHoCH, while CVD turned sharply negative, backing the downside. A fair value gap sits right above the current price, overlapping an order block that acted as a liquidity sink. The confluence of OB and FVG gives a clean POI to target.
A 3.0% stop‑loss is relatively tight, so a 2‑3x leverage position keeps risk in line with the 1:1.7 reward‑to‑risk.
Take half off at the first target around 0.54 to lock in early profit.
Not financial advice — always manage your own risk 🙏
$IMX #IMXUSDT #solanaplanstocutblocktimesto200ms #TradingSignals #Write2Earn