📊 IDEX/USDT Market Update: Explosive Growth 🚀
$IDEX IDEX is trading at $0.10739, up +74.02% in the last 24 hours. The price reached a 24h high of $0.11550 and a 24h low of $0.06134, reflecting high volatility and strong buying momentum.
💡 Key Trading Levels:
Long Entry: Above $0.10800, targets at $0.11000, $0.11500, and $0.11700.
Stop Loss: $0.10000
Short Entry: Below $0.09400, targets at $0.09000, $0.08500, and $0.08300.
Stop Loss: $0.10800
📊 Support & Resistance Zones:
Resistance Levels: $0.11000, $0.11500, $0.11700
Support Levels: $0.09400, $0.09000, $0.08500
📈 Technical Indicators:
Average Price: $0.10739
RSI: Overbought, indicating potential for a pullback.
MACD: Strong bullish momentum, suggesting further upside potential.
📊 Market Sentiment:
Volume Analysis:
24h Volume (IDEX): 981.34M
24h Volume (USDT): 90.61M
Price Action: The price is experiencing strong upward movement with significant trading volume, suggesting robust buyer interest.
📉 Depth Info:
Buy Orders: Support near $0.09400 and $0.09000
Sell Orders: Resistance around $0.11000 and $0.11500
⚖️ Trade Setup & Strategy:
Bullish Scenario: A break above $0.10800 could drive the price toward $0.11500 and beyond.
Bearish Scenario: A drop below $0.09400 might indicate a correction down to $0.09000 or $0.08500.
Disclaimer: This is not financial advice. Please do your own research before trading.
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