$IMX /USDT โ€“ BEARISH BREAKDOWN AHEAD? ๐Ÿšจ๐Ÿ“‰

๐Ÿ” 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.

๐Ÿ“Š Key Levels:

๐Ÿ”ป Resistance:

$0.440 โ€“ Immediate Resistance

$0.455 โ€“ Strong Supply Zone

๐Ÿ”ป Support:

$0.420 โ€“ Minor Support

$0.405 โ€“ Next Major Support

$0.385 โ€“ Extended Downside Target

๐Ÿ“‰ Trade Setup (SHORT):

Entry: $0.428 โ€“ $0.432 (on weak retest of resistance)

Stop Loss: $0.446 (above key resistance)

Targets:

๐ŸŽฏ TP1: $0.415

๐ŸŽฏ TP2: $0.405

๐ŸŽฏ TP3: $0.388 (optional for extended risk-takers)

๐Ÿ›ก 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. ๐Ÿ“‰๐Ÿ”’

๐Ÿ”ฅ Watch for volume confirmation on breakdown. Bears are gaining control โ€” trade safe! ๐Ÿ’ผ๐Ÿ“Š

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