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IMX Immutable X Price Action Update: Descending Channel With Lower Highs and Lower Lows Signals Ongoing Downtrend

According to @CryptoCoinCoach, IMX (Immutable X) is currently trading inside a descending channel, maintaining a clear sequence of lower highs and lower lows (source: @CryptoCoinCoach on X, Nov 7, 2025). According to @CryptoCoinCoach, this maintained sequence defines the current downtrend structure for IMX (source: @CryptoCoinCoach on X, Nov 7, 2025).

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