$IDEX /USDT Analysis: Pullback Within Broader Uptrend – Is Support Holding?
IDEX is currently trading at $0.02534, down -2.05% on the day, following a recent high of $0.02784. Despite today’s dip, the price remains above the mid- and long-term moving averages — MA-25 at $0.02268 and MA-99 at $0.02312 — suggesting underlying bullish structure remains intact. However, it's trading below the short-term MA-7 ($0.02812), indicating short-term weakness.
📈 Resistance Levels: Key resistances lie at $0.02696 (short-term hurdle), followed by $0.03336 and $0.03977 if momentum revives. Above that, $0.0447–$0.046 range marks a major breakout zone.
📉 Support Zones: Immediate support is seen at $0.02475, the 24h low. If broken, next key levels are $0.0231 (MA-99) and $0.02055.
📊 Outlook: Neutral to Cautiously Bullish — While IDEX is under short-term pressure, its overall trend structure remains intact. Watch for a bounce above $0.0269 with volume confirmation for a fresh leg up. A drop below $0.023 would weaken the current setup.