$IDEX BULLISH BREAKOUT ANALYSIS

$IDEX

has shown strong upward momentum with expanding volume and consistent higher lows, signaling a bullish continuation. Price recently broke above key resistance near 0.026 and is sustaining above the breakout zone, indicating potential for further upside.

Technical Outlook

Trend: Uptrend with strong buying pressure

Support Zone: 0.02450 – 0.02500

Immediate Resistance: 0.02950

TRADE PLAN

Entry Zone: On minor pullbacks toward 0.02600–0.02650

Targets (TP):

TP1: 0.02980

TP2: 0.03250

TP3: 0.03500

Stop Loss (SL): 0.02430 below key support

Risk Management

Risk only 1–2% of your capital per trade. Adjust position size based on SL distance to maintain a favorable risk-reward ratio.

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