#IMX
The price is moving in a descending channel on the 12-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of 1.35.
Entry price 1.50.
First target 1.62.
Second target 1.78.
Third target 1.90.