š $IDEX
IDEX/USDT Technical Analysis & Price Targets šÆ
Current Market Data (2025-01-13):
Current Price: $0.06266 (~ā¹17.53)
24h High/Low: $0.06310 / $0.05804
24h Volume: 58.63M IDEX ($3.53M USDT)
Change: +6.40% (Bullish momentum)
Key Technical Indicators:
1. Moving Averages (MA):
MA(5): Indicates strong short-term buying pressure (~4.38M volume).
MA(10): Moderate buying pressure (~2.73M volume).
2. MACD:
The MACD line is diverging positively from the signal line, suggesting upward momentum.
3. Bollinger Bands (BOLL):
Price is nearing the upper band, signaling potential volatility or continuation of the uptrend.
4. SAR (Stop and Reverse):
Bullish crossover confirmed; support levels strengthening.
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Price Targets šÆ
1. Target 1: $0.06500
Near-term resistance from recent highs. Break above could confirm bullish continuation.
2. Target 2: $0.07000
Psychological barrier; achieving this indicates strong investor confidence.
3. Target 3: $0.07500
Medium-term resistance zone. If reached, it could signal sustained rally potential.
Support Levels:
Immediate: $0.06150
Critical: $0.05800
š Summary:
IDEX/USDT is showing bullish momentum backed by volume and technical strength. Watch for a break above $0.06310 to confirm further upside. However, set stop-losses below $0.05800 to manage risk.
What do you think? Would you like more details on any specific aspect?