📉 $IMX /USDT – BEARISH BREAKDOWN IN PLAY! 🚨

$IMX is currently trading at $0.428, showing signs of weakness after rejecting key resistance. The trend is turning bearish on higher timeframes, and sellers are gaining control.

🔍 KEY LEVELS TO WATCH:

🔻 Resistance:

$0.490 (Major rejection zone)

$0.470 (Intermediate barrier)

🛡️ Support:

$0.422 (Minor support, being tested)

$0.414 (Next strong support zone)

$0.400 (Psychological level)

🎯 TRADE SETUP – SHORT ENTRY:

📍 Entry: $0.428 – $0.430 (current price zone)

🎯 Targets (TP):

TP1: $0.414

TP2: $0.400

TP3: $0.385 (extended target if bearish momentum accelerates)

🛑 Stop Loss (SL): $0.445 (above local structure)

💼 RISK MANAGEMENT:

🔒 Risk only 1-2% of capital per trade. Stick to your stop loss & don't chase losses. Manage position sizing accordingly.

⚠️ Trend is your friend – until it bends. Ride the momentum smartly! 🚀📉

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