$IDEX
/USDT Slight Recovery Momentum Update Alert 💥 💯 📈
Current Price: $0.06382 (+1.77%)
24h High: $0.06810
24h Low: $0.05981
24h Volume:
IDEX: 179.13 million
USDT: $11.36 million
Technical Analysis (30m Chart)
1. Trend: Moderate bullish recovery after testing $0.05981 support.
2. Support Levels:
S1: $0.06300 (near-term support).
S2: $0.06150 (recent consolidation zone).
3. Resistance Levels:
R1: $0.06500 (local resistance).
R2: $0.06810 (24h high).
4. Indicators:
EMA 20: $0.06290 (support level).
RSI: 58 (slightly bullish, room for upside).
MACD: Positive divergence, momentum building.
🎯 Trade Strategy
Long Setup (Bullish)
Entry:
Conservative: $0.06300 (pullback near EMA 20).
Aggressive: $0.06500 (breakout above local resistance).
Stop Loss:
Conservative: $0.06150 (below support zone).
Aggressive: $0.06250 (tight stop below EMA).
Targets:
1. T1: $0.06550
2. T2: $0.06700
3. T3: $0.06850
Short Setup (Bearish)
Entry: $0.06500 rejection.
Stop Loss: $0.06600 (above resistance).
Targets:
1. $0.06300
2. $0.06150
Trade Tips
Volume Confirmation: Watch for a spike to validate breakouts.
Risk Management: Stick to R:R of 1:2 or better.
Momentum Watching: If RSI crosses 70, a pullback is likely.
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