* 妹 (imōto): This simply means "younger sister." If it's clear from context that she's a twin, this is sufficient and the most natural choice.
* 双子の妹 (futago no imōto): This literally means "twin's younger sister." It's more explicit about the twin relationship.
* 下の双子 (shita no futago): This means "the younger twin." This is a good option if you want to emphasize the twin aspect and that she's the younger one. However, it could sound a little formal or less natural in casual conversation.
In most situations, 妹 (imōto) will suffice, especially in casual conversation. Only use the more explicit phrases if you need to emphasize the twin aspect.