$IDEX has seen a modest 1.073% price increase in the last 24 hours.
Current price action is near the upper Bollinger Band at 0.0209586, indicating potential overextension.
Support is established at 0.02012, while resistance looms at 0.0209.
Volatility appears to be contracting, suggesting a possible breakout or breakdown ahead.
Consider placing stop-loss orders just below support to manage risk effectively.
Traders should wait for a decisive movement through resistance before entering.
Setting alerts around key levels is advisable to capture potential opportunities.
