Immutable (IMX) shows short-term bullish momentum, but with key resistance levels at $0.71-$0.76 and potential pullback to $0 ...

One of the main weaknesses of IMX is that its use cases are limited, as transactions within its layer two can be paid by using Ethereum (ETH).

IMX is seen as a risky proposition ... but is against aggressive enforcement with no clear means to amend the business model. Instead, the SEC has launched expensive and protracted lawsuits ...