$IDEX /USDT – SHORT TRADE SIGNAL

RALLY STALLED AFTER SHARP SPIKE

LOWER HIGHS FORMING BELOW 0.03250

$IDEX surged over 28% but failed to sustain above 0.03995, forming a clear rejection wick. Price is now consolidating below resistance at 0.03206 with declining momentum, suggesting distribution and potential reversal.

Trade Setup:

Short Entry: 0.03180

Take Profit: 0.02920 / 0.02780

Stop Loss: 0.03300

Market Outlook:

Profit-taking phase likely underway; weakness below 0.030 could trigger steeper drop.

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