$IDEX /USDT BEARISH RETREAT AFTER SPIKE | SHORT TRADE SETUP ON FAILED RALLY
Current Price: $0.02156 (+27.53%)
Trend: Heavy rejection from $0.03080 — sharp pullback shows rally exhaustion and profit-taking kicking in.
KEY LEVELS TO WATCH:
Resistance Zones:
• $0.03080 – 24h high / pump peak
• $0.02800 – Secondary resistance on weak bounce
Support Zones:
• $0.02000 – Immediate support
• $0.01800 – Strong demand zone if correction deepens
TRADE SETUP – SHORT POSITION:
Entry: $0.02150 - $0.02250 (after failed bounce or bearish candle)
Target 1 (TP1): $0.02000
Target 2 (TP2): $0.01800
Stop Loss (SL): $0.02480
RISK MANAGEMENT:
Limit risk to 1-2% max. Don’t short blindly — wait for confirmation of trend weakness (like lower high + rejection wick). Tight SL essential due to volatility.
Summary: $IDEX saw a massive pump but failed to hold gains. Momentum has flipped bearish — a deeper retracement is likely unless bulls step in above $0.024.
FADE THE HYPE — TRADE THE FACTS.
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