$IDEX USDT DUMP INCOMING — DEAD CAT BOUNCE OR REAL SUPPORT?
After a vertical explosion to $0.03080, $IDEX has completely lost steam. The price is now struggling to hold even $0.01987. This looks like a classic post-pump bleedout — lower highs, fading volume, and selling pressure increasing on every candle. A deeper correction is highly probable from here.
🔻 Short Trade Setup:
Entry Zone: $0.01970 – $0.02030
Take Profit 1: $0.01810
Take Profit 2: $0.01660
Stop Loss: $0.02150
📉 Market Outlook:
Momentum has flipped bearish. After the vertical pump, we’re now seeing consistent distribution. RSI likely cooling off, and price failing to reclaim key resistance at $0.022. If $0.019 breaks cleanly, this could retrace back to the origin zone of the pump.
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buy and trade here on $IDEX