$IDEX /USDT: Will It Bounce Back or Break Down? Key Levels to Watch!
IDEX/USDT is currently trading at $0.06485, showing signs of recovery after pulling back from its recent high of $0.06950.
The support at $0.06400 has proven strong so far, hinting at possible bullish momentum.
If the price breaks above the nearby resistance at $0.06650, it could climb toward short-term targets at $0.06750 and $0.06850. With sustained momentum, the price might even revisit the $0.06950 level.
However, traders should remain cautious. Setting a stop-loss at $0.06350 is advised to minimize risk, as losing the support level could lead to further downside. Watch the trading volume closely for confirmation of any significant move.
Stay prepared and trade wisely!