🔍 IDEX Analysis – Bearish Drift With Weak Momentum 🔍
🏛️ IDEX is a hybrid decentralized exchange combining order book and AMM models. Price action continues to drift lower, with RSI and volume showing no signs of reversal.
📈 Technical Analysis
- Trend: Bearish short-term
- Support: $0.02350
- Resistance: $0.02700
- Signal: RSI near 33; descending channel intact
- Volume: $23,961 – low and fading
- Outlook: Bearish unless $0.02700 is reclaimed
📰 Market Data & News
- Price: $0.02492
- 24h Change: -2.2%
- No major headlines; protocol remains active in hybrid DEX infrastructure
🔄 Scenario Breakdown
- Bullish Case: Reclaiming $0.02700 with volume could target $0.03000
- Bearish Case: Drop below $0.02350 may lead to $0.02180
- TP/SL Logic: TP at $0.03000 / SL at $0.02330
📊 Sentiment Meter
📉 Bearish Bias – Sellers in control, weak momentum
⚠️ Risk Level
🟡 Medium – Some signals align, but confirmation needed
IDEX #HybridDEX
