$IDEX /USDT BEARISH PRESSURE PERSISTING — SUPPORT LEVEL UNDER THREAT
$IDEX continues to face strong selling pressure as price trades below the 7MA, 25MA, and 99MA on the 15m chart. The recent rejection from $0.0288 signals bears remain in control, with price heading back toward the $0.0273 support zone.
Trade Setup (Short):
Entry Zone: $0.0281 – $0.0283
TP1: $0.0276
TP2: $0.0270
SL: $0.0289
Market Outlook:
Momentum remains bearish unless price can reclaim $0.0289. A break below $0.0273 could accelerate the downtrend, while a recovery above $0.0289 may signal a shift in trend.
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