$IMX /USDT – BEARISH BREAKDOWN AHEAD? 🚨📉

🔍 Technical Overview:

$IMX /USDT is currently trading at $0.426, showing a sharp decline of -9.92% over the last 24 hours. The price is struggling below key resistance levels, indicating a bearish momentum continuation.

📊 Key Levels:

🔻 Resistance:

$0.440 – Immediate Resistance

$0.455 – Strong Supply Zone

🔻 Support:

$0.420 – Minor Support

$0.405 – Next Major Support

$0.385 – Extended Downside Target

📉 Trade Setup (SHORT):

Entry: $0.428 – $0.432 (on weak retest of resistance)

Stop Loss: $0.446 (above key resistance)

Targets:

🎯 TP1: $0.415

🎯 TP2: $0.405

🎯 TP3: $0.388 (optional for extended risk-takers)

🛡 Risk Management:

Always risk 1-2% of your capital per trade. Use position sizing based on your SL distance. Stay disciplined & never chase the market. 📉🔒

🔥 Watch for volume confirmation on breakdown. Bears are gaining control — trade safe! 💼📊

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