📉 $IDEX/USDT – Potential Reversal or Further Downtrend? 🔥

📊 Current Price: $0.04170 (-18.06%)

🔍 Key Levels to Watch:

Support: $0.04000 - $0.03850 (Buyers’ zone)

Resistance: $0.04350 - $0.04500 (Breakout level)

📈 Bullish Entry Strategy:

Entry Zone: $0.04050 - $0.04100 (If price stabilizes)

Take Profit Targets:

TP1: $0.04300

TP2: $0.04500

TP3: $0.04800

Stop Loss: Below $0.03900

📉 Bearish Continuation Strategy:

Short Entry Zone: $0.04350 - $0.04500 (If rejection occurs)

Take Profit Targets:

TP1: $0.04100

TP2: $0.03950

TP3: $0.03800

Stop Loss: Above $0.04600

⚡ Market Outlook: IDEX has recently seen a sharp sell-off but is attempting a recovery. If the price manages to hold above $0.04100, we might see a potential reversal. However, failing to break above the resistance at $0.04350 could lead to further downside. Keep an eye on volume to confirm price action.

📢 Pro Tip: Look out for a double-bottom pattern or bullish divergence to confirm your long entry before making a move! 🚀📊

#IDEX #CryptoAnalysis #BinanceAlphaAlert #MarketOutlook #CryptoTrading