$IDEX is currently hovering near $0.0266, showing bullish momentum after breaking out of a lengthy consolidation range between $0.017 and $0.027. This breakout is supported by widening Bollinger Bands and a bullish MACD crossover on lower timeframes, suggesting potential for a move toward the $0.04–$0.05 range if upward momentum continues.
The RSI remains neutral, indicating room for further gains before reaching overbought levels. Key support now sits at the previous resistance area around $0.027, with secondary support near $0.024–$0.025—close to recent swing lows and the mid-Bollinger band.
With rising trading volumes following the Binance monitoring tag and increasing on-chain engagement, $IDEX is gaining bullish attention. As long as overall market conditions remain favourable, a cautiously optimistic outlook may be warranted.
