$IDEX /USDT: BREAKOUT ENERGY MEETS A COOLING PHASE ⚠️
IDEX has been anything but quiet. After starting the day around $0.01923, price surged to a high of $0.02797, marking a sharp +37% move within a short span. 📈🔥 That kind of breakout speaks to strong bullish momentum and heavy trader interest..
But as with most fast climbs, a retracement has followed. Price is now sitting near $0.02410, and we’re seeing a cluster of red candles likely profit-taking or natural consolidation after the push.
📌 Key observations:
Immediate support zone: $0.02400–$0.02450 (former resistance now testing as support)
24h Volume: 1.10B IDEX traded; USDT side at 25.80M still very active
Trend: Still technically bullish unless support fails, but short-term volatility is high
This could be a healthy pullbackor the first sign of exhaustion. Watching closely to see if bulls defend this new zone.