Technical analysis by NJay88 about Symbol IMX on 7/14/2025

IMX is setting its sights on the next big target at $3. It's currently trading within a large channel and showing a weekly hidden bullish divergence—an encouraging sign for upward continuation. A potential double bottom is forming, with the neckline around $0.71. If that breaks, the initial projection is around $1.50, with $3 as the eventual target. However, $3 is a major resistance level, so the road up won’t be easy. Still, the structure looks bullish in the long term. Now it's a matter of watching how price action unfolds in the coming weeks.