IMX, the native token of the Immutable ecosystem, experienced a nearly 10% drop over the weekend, currently trading at approximately $0.71. This decline follows a brief dip below $0.70, influenced by Bitcoin's market movements. Despite the downturn, Immutable has announced the launch of a mobile gaming division, aiming to attract mainstream mobile gamers with new products and investments. Technical indicators reveal a bearish outlook for IMX, with the Relative Strength Index (RSI) at 48 and the MACD lines nearing negative territory. Analysts suggest that if the bearish trend persists, IMX could fall to $0.614. However, a potential recovery could see the token rise to $0.867.