$IDEX

/ Momentum Alert: Seize the Opportunity! 🔥💯

IDEX is currently trading at $0.06622, marking a strong 10.33% gain in the last session. The 30-minute chart shows an upside breakout from the $0.06200 level, supported by high volume. The price briefly tested the $0.06853 high before pulling back, indicating a potential setup for the next move.

Action Plan

• Long Entry: Consider entering above $0.06750 for a quick move towards $0.07000 and $0.07200. Place a stop loss at $0.06450 to manage downside risk.

• Short Entry: If the price drops below $0.06400, look for short selling opportunities targeting $0.06200 and $0.06000. Use a stop loss at $0.06650.

Market Overview

The chart suggests that bulls are still in control, but the rejection at $0.06850 suggests that traders should remain cautious near resistance areas. Watch for a clear consolidation or breakout above $0.07000 to confirm further upside potential.

This setup offers high probability trading opportunities with limited risk management. Be alert for volume confirmation to ride the trend effectively