$IDEX USDT BEARISH PULLBACK UNDERWAY – WATCH FOR REJECTION ZONES 🔻📉
After an impressive rally that pushed $IDEXUSDT to a local high of $0.02797, the price is now pulling back sharply, currently trading at $0.02289. This correction hints at a possible deeper retracement unless a strong support base is re-established soon.
🔻 Trade Setup: Short Trade Signal
Entry Zone: $0.02280 – $0.02350
Take Profit Targets:
TP1: $0.02100
TP2: $0.01980
TP3: $0.01800
Stop Loss: $0.02500
Leverage: 10x
Risk Allocation: 2-3% of capital
📊 Market Outlook:
After a vertical move, $IDEX has lost bullish momentum as lower highs form on intraday charts. If price fails to reclaim the $0.02400 resistance area, bears may continue to dominate. Watch volume closely — if it dries up on pullbacks, short positions could perform well.
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