$IDEX /USDT
Market Insight
$IDEX is showing strong bullish momentum with a +26.39% daily move and high volume (1.16B IDEX traded). Despite longer-term downtrend (–60.91% in 180 days), short-term sentiment is positive with potential for continuation. Current price is still significantly below the 24h high ($0.03080), suggesting a potential bounce-back zone.
Entry
Buy Zone: $0.0215 – $0.0225
(Current price $0.02232 is near lower support; ideal for partial entry)
Targets
Target 1: $0.02520 – minor resistance (short-term trade)
Target 2: $0.02836 – previous liquidity area
Target 3: $0.03080 – 24h high and major breakout point
Stop Loss
Stop: $0.01980 – below key support and SAR level
Key Levels
Support: $0.02150 / $0.01980
Resistance: $0.02520 / $0.02836 / $0.03080
SAR (Bearish): $0.02181 – a flip above this may confirm continued upside
Pro Tip
If volume remains high and price holds above $0.0220, momentum could quickly drive a test of $0.025+. Trail your stop after $0.025 to lock in profits. Be cautious of sharp rejections near $0.03080, as it's a historically volatile level.
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