$IDEX

/USDT Slight Recovery Momentum Update Alert đŸ’„ 💯 📈

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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