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【$IMX Signal】Empty position, wait for selling pressure confirmation
$IMX Price decline accompanied by high open interest, caution against main players offloading. Market shows weak buying support, sentiment is bearish.
🎯 Direction: Empty position
Current price action indicates a clear bearish structure. Volume increases while price continues to decline, combined with high open interest, this is not a healthy long liquidation but rather a proactive distribution by the main players at key support levels. Any rebounds on the lower timeframes lack sustained buying follow-through, and market psychology has shifted to selling on rallies. Do not blindly bottom-fish until clear bottom absorption structures and decreasing open interest signals appear.
Trade 👇 $IMX
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