IMRX Market Maker ModelImmuneering CorporationBATS:IMRXTradeConfirmedThe algorithm has executed a terminal "Macro Buy-Side Liquidity Purge" at 8.50, violently rejecting the highs to reprice into the Monthly Fair Value Gap (FVG) at 4.66. The current price action represents a high-risk, high-reward "Return to Origin" setup; the market is compelled to engineer a technical bounce to mitigate the massive inefficiency created by the collapse, targeting the 6.00 equilibrium before any further structural decision is made. EXECUTION VECTOR (THE DEAD CAT BOUNCE) Entry: 4.50 - 4.70 (Current Market Price - Inside the Monthly FVG) Stop Loss: 3.90 (Structural Invalidation below the Breakout Base) Take Profit: 6.00 (Bearish Breaker / 50% Retracement of the Crash) Risk to Reward Ratio: 2.5R THE CAUSAL RATIONALE The Opportunity (The Macro Purge) Look at the Weekly Chart: That massive wick leaving 8.50 is not just a rejection; it is a "Death Candle." It signifies that the entire rally from the lows was a calculated operation to harvest the liquidity resting above the 2023 consolidation highs. The Smart Money used that spike to exit their positions into the buying frenzy of retail chasers. The job "up there" is done. The liquidity has been taken. The Entry (The Monthly FVG Support) However, markets do not move in straight lines. The collapse from 8.50 to 4.66 was too fast. It created a "Liquidity Void" on the downside. The price has now slammed into the "Monthly Fair Value Gap" and the "Order Block" that launched the move. This is the "Scene of the Crime." Algorithms are programmed to defend the origin of a move on the first test. We are buying the *reaction* to this support, not a new bull run. The Invalidation (The Trap Door) The Omega Point is a daily close below 3.90. If price accepts value back inside the old consolidation range, it confirms that the breakout was a total failure (a "Look Above and Fail"). In that scenario, the price will rot and drift back towards 2.00. The "Monthly FVG" must hold as a trampoline. THE PROBABILISTIC LANDSCAPE Key Trajectory Waypoints Target 1: 5.50 | Type: Local Resistance / Gap Fill | Probability: 70% | ETA: 2-3 Days Target 2: 6.00 | Type: Equilibrium (50% of Drop) | Probability: 50% | ETA: 1 Week