🔥 $IDEX /USDT Daily Chart Analysis — Is a Bigger Move Brewing? 🧨
📊 Current Price: $0.02679
🗓️ Timeframe: 1D
📈 Daily Change: +1.63%
IDEX just bounced from a short-term support and is holding a modest uptrend after months of grind. Let’s decode the vibes:
🧬 Moving Averages:
MA7: $0.02663 — ⚠️ hugging the price closely
MA25: $0.02781 — 🔻 still overhead resistance
MA99: $0.02331 — ✅ acting as dynamic support
📌 Price is currently sandwiched between short-term resistance and long-term support, signaling a decision zone.
🧱 Support Levels:
🛡️ $0.0255 – recent bounce area
🛡️ $0.0233 (MA99) – must hold for macro structure
⚠️ $0.0215 – breakdown danger zone
🚀 Resistance Levels:
📍 $0.0280–0.0300 – historical supply zone
📍 $0.0350 – last breakout high (August spike)
🚀 $0.0450+ – momentum breakout target
🧠 Technical Outlook:
Higher low structure forming since early July ✔️
Price is attempting to reclaim MA25 — a daily close above could bring short squeeze volatility
Consolidation forming a rounded base — suggests accumulation
🧨 TL;DR:
IDEX is consolidating above key support and may be gearing up for a trend reversal, but needs to flip the $0.028–0.030 zone with volume to confirm liftoff.
Staying above MA99 = safe zone ✅
Rejection below $0.025 = wait for retest ⚠️
