$IDEX /USDT
$IDEX /USDT Trading Strategy
Market Insight:
$IDEX is showing strong bullish momentum with a +34.61% daily gain and high trading volume (1.14B IDEX). However, it's nearing key resistance at $0.0308, which may cause short-term profit-taking.
š¹ Entry:
Buy Range: $0.02150 ā $0.02350
(Ideal entry near the support and just above SAR support at $0.02144)
šÆ Targets:
Target 1: $0.02520
Target 2: $0.02830
Target 3: $0.03080 (24h high and strong resistance)
š Stop Loss:
Stop Loss: $0.02050
(Below SAR and recent pivot low, protects against breakdown)
š Key Levels:
Support: $0.02144 / $0.01887
Resistance: $0.02520 / $0.03080 / $0.03150
SAR Levels: 0.02144 (support), 0.03080 (resistance)
š” Pro Tip:
Volume surge suggests institutional interest, but RSI and MACD may be overheated. If you missed the initial breakout, wait for a pullback near $0.0215ā$0.0220 before entering. Scale out profits gradually near each resistance to lock in gains.
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