๐ $IDEX /USDT Technical Analysis: Targets to Watch ๐ฏ๐ฏ๐ฏ๐ฏ๐ฏ
The IDEX/USDT pair has shown strong upward momentum, gaining +19.28% in the last 24 hours. Letโs dive into the key levels to watch in the coming hours:
๐ Current Price: 0.06427 USDT
๐ 24h High: 0.09090 USDT | 24h Low: 0.05232 USDT
๐ Key Levels to Watch:
1๏ธโฃ Target 1: 0.07000 USDT
The price is pushing higher and testing this critical resistance. A break above could signal continued bullish momentum.
2๏ธโฃ Target 2: 0.08000 USDT
If the trend continues, 0.08000 USDT could be the next key resistance level. Look for potential price action to guide your entry/exit strategies.
3๏ธโฃ Target 3: 0.09000 USDT
With the current upward trend, the 0.09000 USDT level aligns with the 24h high and could be a major profit-taking point for traders.
๐ฅ Whatโs Driving the Surge?
IDEX is gaining traction in the DeFi space, with growing community engagement and solid trading volume. With 931.03M IDEX volume in the last 24 hours, itโs clear thereโs strong market interest!
๐ Key Support Level: 0.05232 USDT
If the price drops below this point, we might see a reversal or consolidation before another push upward.
๐ฎ Keep an Eye On
Volume: 68.75M USDT in the last 24 hours suggests active trading, which could lead to more volatility.
Market Depth: Currently at 64.8560%, showing healthy buying activity.
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