$IDEX /USDT Retracement Zone: Preparing for Another Push? 🚀
IDEX is trading at $0.07258, up 16.76% for the day after a strong rally to a high of $0.07922. The price is currently consolidating near support, signaling potential for a rebound if bullish momentum returns.
Trade Setup:
Entry Zone: $0.07200 - $0.07300
Target 1: $0.07500 (short-term resistance)
Target 2: $0.07800 (retracement high)
Stop Loss: $0.07000 (below key support)
Watch for an increase in volume near $0.07300 to confirm a reversal. Manage risk with a tight stop-loss, as further consolidation could lead to a sharp breakout or breakdown. Be prepared for quick movements!