Technical analysis by MastaCrypta about Symbol IMX: Buy recommendation (5/4/2025)

IMX Looks like a structure is broken for everyone to watch, but the stances is as shown below!!!!!! We can see that the price was building value comfortably above $0.63–$0.65 until May 2nd. Then, a strong selling move broke below that range, followed by a new value area formation below $0.59, showing that sellers are in control and the market is accepting these lower prices. The latest session has POC, VAH, and VAL tightly compressed near $0.563, which means extremely low volatility and a potential setup for the next expansion.But what i suggest is this, will take a last breather or just go to the next block marked as orange, can have dead cat bounces!!