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Immutable X (IMX)
Yesterday, IMX broke out of a seven-day descending resistance trend line. Price needs to come down and retest the breakout, at around $1.30 – $1.40 which will provide an entry. The first ‘take profit’ area is at $2.20, and the next at the 0.618 retracement, which is around $3.06. Stoploss would be at $1.08, which is just below yesterday’s daily green candle.