$IDEX /USDT, tailored for the current market setup:

$IDEX/USDT BEARISH PRESSURE PERSISTS NEAR MULTI-WEEK LOWS

Current Price: $0.01679 (-6.62%)

24h Range: Low $0.01637 | High $0.01818

Volume: 84.23M IDEX / 1.44M USDT

🔻 TECHNICAL OVERVIEW

IDEX is under strong selling pressure, struggling to hold above the $0.01700 support zone. The recent bounce attempt was rejected near $0.01818, suggesting bearish dominance and potential for a further move down if $0.01640 breaks.

🔍 KEY LEVELS TO WATCH

Resistance Levels:

🔹 $0.01820 – Intraday rejection zone

🔹 $0.02000 – Mid-term resistance

🔹 $0.02200 – Trend reversal confirmation level

Support Levels:

🔸 $0.01640 – Immediate horizontal support

🔸 $0.01500 – Key demand zone

🔸 $0.01350 – Next major base if sell-off accelerates

📉 TRADE SETUP (SHORT IDEA):

Entry Zone: $0.01670 – $0.01720 (on weak bounce)

Stop-Loss: $0.01830 (above recent rejection wick)

Targets:

TP1: $0.01500

TP2: $0.01400

TP3: $0.01350

⚠️ RISK MANAGEMENT TIPS:

🔸 Use a tight SL due to volatile DeFi sector

🔸 Risk only 1-2% of portfolio

🔸 Avoid entry during high-impact news

📉 IDEX/USDT remains vulnerable as buyers fail to reclaim key resistance. A breakdown below $0.01640 may accelerate the bearish momentum.

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