$IMX /USDT BEARISH PRESSURE BUILDING
$IMX dips -8.92%, currently trading at $0.429 after rejection from the $0.489 high. Sellers are pressing hard with price nearing key support zones.
Resistance levels:
➤ $0.440
➤ $0.460
➤ $0.480
Support levels:
➤ $0.425 (24h Low)
➤ $0.420
➤ $0.400 (Major Support)
Volume is rising with 18.05M IMX exchanged in the last 24h, showing increased downside momentum as bulls fail to reclaim higher levels.
Short Trade Setup
Entry: $0.428
TP1: $0.420
TP2: $0.400
SL: $0.442
Risk Management:
Use 2–3% of capital per trade. Set alerts near $0.420 for bounce or breakdown. Avoid chasing – let the trend confirm the entry.
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