🚨 HEAVY REJECTION AT RESISTANCE PREPARES $IMX FOR A PULLBACK! 📉
Entry: $0.1290 - $0.1310 ⚡
Target: $0.1250 / $0.1210 / $0.1160 🎯
Stop Loss: $0.1365 ⚠️
Sellers just slammed the door on $IMX right as price pushed into the heavy $0.135–$0.136 supply block. 📊 That upper wick rejection shows the recovery rally has exhausted its momentum, giving bears a clean opportunity to drive price back toward lower demand zones.
💡 Momentum is tilting downward as distribution kicks in across lower timeframes. 📉 As long as resistance holds firm, the path of least resistance leads directly into the liquidity sitting beneath current levels. 💬 Are you bidding the pullback targets or staying on the sidelines for now? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #IMX #ShortSetup #Crypto #Trading #Bearish
📉 🐻
Entry: $0.1290 - $0.1310 ⚡
Target: $0.1250 / $0.1210 / $0.1160 🎯
Stop Loss: $0.1365 ⚠️
Sellers just slammed the door on $IMX right as price pushed into the heavy $0.135–$0.136 supply block. 📊 That upper wick rejection shows the recovery rally has exhausted its momentum, giving bears a clean opportunity to drive price back toward lower demand zones.
💡 Momentum is tilting downward as distribution kicks in across lower timeframes. 📉 As long as resistance holds firm, the path of least resistance leads directly into the liquidity sitting beneath current levels. 💬 Are you bidding the pullback targets or staying on the sidelines for now? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #IMX #ShortSetup #Crypto #Trading #Bearish
📉 🐻