šØš $IDEX /USDT PRICE ANALYSIS: UPTREND IN PLAY ā WATCH FOR BREAKOUT ššØ
IDEX is currently trading at 0.03917, up by 5.84% over the last 24 hours. The recent price action indicates a push towards higher levels, showing strong buyer interest. Hereās what traders should watch:
š” Key Levels to Monitor:
Immediate Resistance: 0.03989 ā A breakout above this could confirm continued bullish movement.
Support Level: 0.03467 ā Holding this level will be essential for maintaining current momentum.
Critical Support Floor: 0.03056 ā A fall below this could indicate bearish sentiment gaining traction.
šÆ Targets to Watch:
1. First Target: 0.04150 ā A break above immediate resistance could push IDEX to test this level.
2. Second Target: 0.04354 ā Sustained bullish pressure might see IDEX revisiting this recent high.
3. Third Target: 0.04500 ā A strong move could lead to testing this psychological milestone, indicating further upward strength.
š Upside Potential: A successful breakout above 0.03989 could attract more buyers, pushing IDEX toward the outlined targets.
ā ļø Downside Risk: If IDEX fails to hold support at 0.03467, a deeper correction to 0.03056 could be in play, signaling caution.
Stay tuned ā IDEX is at a key stage that could define its next major price move!