#IDEX Currency Analysis 🔥

Currency Introduction:

IDEX is a hybrid DEX that combines on-chain security with off-chain order book performance, with a relatively high level of community recognition.

Reason for Decline: Down 11.29% in the past 24 hours, breaking below the lower Bollinger Band; MACD and EMA death cross widening, indicating strong bearish momentum.

Operation Suggestions:

Support: $0.028; Resistance: $0.032–$0.035

Light positions for short-term low buys, if support holds, a rebound may be expected; if support is broken, decisive stop-loss is necessary.

Summary: Technical indicators are bearish, but RSI is oversold, suggesting possible short-term rebound opportunities; participate with light positions and avoid heavy chasing at highs.

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