$IDEX /USDT Technical Analysis

📊 Mixed Sentiment Alert! $IDEX is up by 13.97%, currently trading at $0.06087, showing a recovery from earlier lows.

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Price Action Highlights

🔹 Current Price: $0.06087

🔹 24H High: $0.09090

🔹 24H Low: $0.05232

Technical Targets

1️⃣ First Target: $0.06500 - Immediate Resistance Zone

A push above $0.06500 could signify initial bullish momentum and pave the way for higher levels.

2️⃣ Second Target: $0.07500 - Key Resistance Level

Sustained buying pressure can drive the price to test $0.07500, marking a mid-term bullish trend.

3️⃣ Third Target: $0.09000 - Major Psychological Level

Breaking above $0.09000 would confirm a strong bullish reversal and could attract new interest in the token.

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Trading Tips

🔸 Partial Profit: Secure some profits near $0.06500 to manage risk in case of rejection.

🔸 Stop-Loss: Set at $0.05500 to protect against further downside.

🔸 Volume Check: Watch for a spike in buying volume as the price approaches resistance levels.

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📉 Momentum Insights:

✔ The RSI is stabilizing, indicating a possible recovery phase.

✔ Consolidation at lower levels suggests accumulation before the next move.

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