$IDEX /USDT Analysis: Confirmed Bullish Breakout..
$IDEX has risen to $0.06186, marking a significant increase of 16% over 24 hours. The chart shows a breakout above critical resistance levels, indicating strong bullish momentum.
Key levels to watch:
Support: $0.05534
Resistance: $0.06234
Trade Setup:
Long Entry: around $0.06150
Targets:
1. $0.06250 (short-term)
2. $0.06400 (next target)
3. $0.06550 (extended target)
Risk Management:
Stop-Loss: $0.05800
The recent surge in volume indicates sustained buying interest. A breakout above $0.06234 could open the door to higher targets, while a pullback may find support at $0.05534.