#美联储重启降息步伐 $IMX This price movement is quite typical.

First, let's talk about the overall environment: on the cyclical level, it's already in a bearish arrangement, and the price is repeatedly testing resistance near the top of the range. It's even clearer from a trading perspective—the pullbacks are stepping down level by level, and finally, it failed to hold at the long-short dividing line, with the entry timeframe breaking down and turning bearish.

In this kind of structure, setting the take-profit at the previous low is a prudent choice, and the risk-reward ratio is reasonable. Additionally, the news about the Fed restarting rate cuts is also brewing, so when macro and technical factors resonate, you need to be even more cautious with your trades.