$IDEX /USDT BEARISH BREAKDOWN AHEAD – WATCH THESE LEVELS CLOSELY!

Current Price: $0.02056 (-8.95%)

Technical Analysis (4H Timeframe)

The chart shows strong bearish momentum following a breakdown from the minor support zone. Selling pressure is increasing, confirmed by large volume and lower highs forming consistently.

Key Levels to Watch:

Resistance Zones:

$0.02140 – Previous local high

$0.02294 – 24h high & major rejection point

Support Zones:

$0.02010 – Immediate support (24h low)

$0.01940 – Next key support if the breakdown continues

Trade Setup – SHORT ENTRY 🔻

Entry: $0.02060 – Retest of broken support

Stop Loss (SL): $0.02140 – Above resistance zone

Take Profit (TP):

TP1: $0.02010

TP2: $0.01940

TP3: $0.01880 (if high momentum continues)

Risk Management Tips:

Use 1-2% risk per trade

Adjust position size according to SL distance

Avoid overtrading – wait for clean retest confirmation

Bearish bias is strong. Ride the wave carefully!

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