$IMX

IMX

The price is moving in a descending channel on the 4-hour frame and sticking to it well

We have a bounce from the lower limit of the descending channel, this support is at 1.30

We have an upward trend on the RSI indicator that is about to be broken, which supports the rise

We have a trend to stabilize above the moving average 100

Entry price 1.46
First target 1.56
Second target 1.64
Third target 1.74