We bring you an update on the IMX/USDT pairing. As of today, IMX is trading at $1.22, with a recent low of $1.145. Our team provided a chart analysis earlier, suggesting that the price was at its peak and that it was advisable to sell or short. We're pleased to inform you that our prediction has been accurate, and we have booked a substantial profit from the short sale, which we shared with our channel members.
As of now, we believe that there is still potential for a further downside move, and we anticipate that IMX may test the 0.618 fib retracement level, which is approximately $1.0. We have opened a short position and have also booked considerable profit on it.
We are thrilled to share our analysis with you and hope that it has been useful. Please like, share, and follow us for more updates. Thank you for your continued support.