IMX has risen significantly, trading at 0.72 USD while aiming for the crucial resistance of 0.81 USD. Over 84 million USD worth of IMX remains unprofitable, creating resistance against further gains.
The positive trend is supported by strong Chaikin Money Flow (CMF) indicating increased investor confidence. A breakout above 0.81 USD is essential; otherwise, slipping below 0.72 USD may trigger a bearish reversal.
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