$IDEX

/USDT Technical Analysis & Trade Signal

Current Price: $0.05435

24h Change: +12.74%

Technical Indicators:

RSI (Relative Strength Index): Currently indicating overbought conditions, suggesting a potential for price correction.

Moving Averages: The short-term (50-period) moving average is above the long-term (200-period) moving average, indicating an overall bullish trend.

MACD (Moving Average Convergence Divergence): Bullish crossover, supporting upward momentum.

Support & Resistance:

Support Level: $0.04758 (24h Low)

Resistance Level: $0.05555 (24h High)

Trade Signal: BUY

Trade Momentum: Bullish — Positive momentum with strong upward movement observed.

Target Levels:

1. Target 1: $0.05700 (Near Resistance Zone) 2

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