💰 #IMX is gradually coming to the area where the market can already begin to collect liquidity before normal movement.

Now the price is quite unpleasant for both sides - the longs are afraid of the continuation of the drain, and the shorts are already starting to be late.

🔴 Personally, I’m more interested in the reaction from the current zone. If a buyer appears, we can see a quick return to $0.18+ without long stops.

While the price is hovering around $0.169, I would not be surprised by sharp moves in both directions. The market now generally likes to shake everything off first, and only then show the direction.

📉 Personally, I don’t want to shorten to the floor after a fall. But it is too early to blindly believe in a reversal.