Here’s a short-term intraday trade setup for $IDEX /USDT:
IDEX/USDT – Intraday Trade Setup (May 1, 2025)
Current Price: ~$0.02636
24h Range: Low $0.02523 | High $0.02687
MA60 (15m): $0.02637 (price hovering just below)
Change: +1.62% – mild upward momentum
Volume: Light at 669K USDT – needs confirmation
Setup Options
1. Micro Breakout Entry
Entry: $0.02645 – $0.02655
Target: $0.02680 – $0.02690
Stop Loss: $0.02610
Rationale: Break above local resistance near MA60 could retest 24h high with relatively low resistance above
2. Pullback Re-Entry
Entry: $0.02550 – $0.02570
Target: $0.02620 – $0.02645
Stop Loss: $0.02520
Rationale: Price bounced from $0.02523 earlier; a retest could attract buyers again
Key Indicators
MA60 = Resistance: Needs to be reclaimed for upside
Order Flow: Thin volume — watch for uptick above 1M for more reliable breakout play
Sideways Consolidation: Range-bound, favoring quick in/out setups. Follow for more updates.
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