$IDEX

📈 IDEX/USDT Technical Analysis – A Breakout on the Horizon? 🚀

IDEX is showing signs of life after bouncing from the strong support near $0.05800, where bulls held their ground. The price has reclaimed the psychological level of $0.06000, signaling a potential shift in momentum.

Key Levels to Watch:

🔸 Support: $0.05800 – A strong base where buyers stepped in.

🔸 Resistance: $0.06200 – A critical zone. A breakout here could open doors to the next key resistance at $0.06600.

💡 Entry Strategy:

Watch for a decisive break and close above $0.06200. This would confirm bullish momentum, offering a prime entry point.

🎯 Target: $0.06600 – Aligning with the recent 24h high.

🛡️ Stop-Loss: Below $0.05800 to manage risk.

The market structure is forming higher lows, and volume is picking up – clear signs of growing bullish interest. A breakout is brewing; will the bulls take charge? Keep your eyes on this chart – it could be setting up for a strong move! 🚀

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