$IMX


Momentum is shifting after a prolonged compression phase, and price is attempting to break out of the heavy intraday resistance zone.
Structure on lower timeframes is improving, with buyers gradually reclaiming control after extended pressure, but confirmation is still key before assuming full continuation.
Trade Setup
Entry Range: $0.1920 – $0.1960
Target 1: $0.2050
Target 2: $0.2180
Target 3: $0.2300
Stop Loss: $0.1840
Immutable is trying to transition from consolidation into expansion on the 1H chart. A clean breakout and successful retest of the zone would support continuation toward higher liquidity levels.
However, if price fails to hold above the breakout area, this move can quickly revert back into the previous range — so confirmation after the push matters more than the initial breakout.
#GateSquareMayTradingShare
IMX9.47%
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