$IDEX /USDT Technical Analysis
š Mixed Sentiment Alert! $IDEX is up by 13.97%, currently trading at $0.06087, showing a recovery from earlier lows.
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Price Action Highlights
š¹ Current Price: $0.06087
š¹ 24H High: $0.09090
š¹ 24H Low: $0.05232
Technical Targets
1ļøā£ First Target: $0.06500 - Immediate Resistance Zone
A push above $0.06500 could signify initial bullish momentum and pave the way for higher levels.
2ļøā£ Second Target: $0.07500 - Key Resistance Level
Sustained buying pressure can drive the price to test $0.07500, marking a mid-term bullish trend.
3ļøā£ Third Target: $0.09000 - Major Psychological Level
Breaking above $0.09000 would confirm a strong bullish reversal and could attract new interest in the token.
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Trading Tips
šø Partial Profit: Secure some profits near $0.06500 to manage risk in case of rejection.
šø Stop-Loss: Set at $0.05500 to protect against further downside.
šø Volume Check: Watch for a spike in buying volume as the price approaches resistance levels.
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š Momentum Insights:
ā The RSI is stabilizing, indicating a possible recovery phase.
ā Consolidation at lower levels suggests accumulation before the next move.
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