###IMX/USDT Technical Analysis & Prediction**
*(Based on Daily Chart - Binance, as of Apr 04, 2025)*
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#### **Key Observations:**
1. **Current Price**: **$0.459** (-2.96% daily decline).
2. **Recent Trend**: The price is in a downtrend, breaking below key support levels (e.g., $0.500, $0.535).
3. **Support Levels**:
- Immediate Support: **$0.455** (recent low).
- Next Major Support: **$0.400** (psychological level).
4. **Resistance Levels**:
- Immediate Resistance: **$0.500** (previous support, now resistance).
- Stronger Resistance: **$0.535–0.553** (rejection zone).
5. **Volume & Momentum**: The downtrend is accompanied by selling pressure; no clear reversal signals yet.
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#### **Prediction:**
- **Short-Term (1-7 Days)**:
- If **$0.455** holds, a minor bounce to **$0.480–0.500** is possible.
- If **$0.455** breaks, expect further decline toward **$0.400–0.420**.
- **Mid-Term (1-4 Weeks)**:
- A sustained close below **$0.455** could extend the bearish trend.
- A reversal above **$0.500** (with volume) may signal a recovery toward **$0.553**.
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#### **Trading Strategy:**
- **Bearish Scenario**: Short on break below **$0.455**, target **$0.420**.
- **Bullish Scenario**: Wait for a reclaim of **$0.500** with volume before considering longs.
- **Stop-Loss**: Above **$0.470** (for shorts) or below **$0.440** (for longs).
**Note**: Monitor Bitcoin’s movement and overall market sentiment for confirmation.
