$IDEX /USDT Weekly Outlook on Binance
Current Price: ~$0.02724
📈 Market & Technical Overview
•The token rallied about 41% in the past 24 hours, trading near $0.02724 following signs of strong breakout momentum.
•Technical sentiment is neutral, as indicated by CoinCodex, while the Fear & Greed Index sits around 70 (Greed zone) -warning of possible overextension.
•Short-term forecasts see modest upside: price could hit ~$0.02707 by the end of this week (+0.1%) if momentum stabilizes
🔮 This Week’s Range
• Bullish: $0.028 – $0.030
• Neutral: $0.025 – $0.028
• Bearish: $0.022 – $0.025
📊 Trade Plan
•Entry Zone: $0.0260 – $0.0270
•Take Profit 1: $0.028
•Take Profit 2: $0.030
•Stop Loss: Below $0.024
🧠 Strategy Insight:
IDEX's rally has been powerful but now faces resistance from overbought sentiment. A clean breakout toward $0.028 on volume would support the next leg up; failure to hold $0.025 opens potential for a pullback toward recent support.
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