$IMX / USDT – Short Trade Signal Active! 🚨
$IMX has formed a classic blow-off top near $0.680 and is now retracing aggressively. A lower high structure paired with strong bearish candles presents a compelling short opportunity.
📉 Short Trade Setup:
Entry Zone: $0.636 – $0.645
🎯 Take Profit Targets:
TP1: $0.615
TP2: $0.595
TP3: $0.573
🛑 Stop Loss: Above $0.662
📊 Market Insight:
Strong rejection from the $0.68 resistance zone
Bearish engulfing pattern forming on the 30-min chart
Volume fading after the breakout, indicating exhaustion
💡 Pro Tips for Traders:
A confirmed break below $0.630 with rising volume can accelerate downside momentum
Use tight stop-losses and adjust size appropriately — post-pump volatility can spike fast
Watch for lower time frame consolidations near support to manage exits efficiently
