๐Ÿš€ $IDEX ๐Ÿ’ฏโค๏ธ๐Ÿ‘๐Ÿผ

Technical Analysis: IDEX/USDT - January 5, 2025 ๐Ÿš€

Looking at the IDEX/USDT pair, we are seeing a strong bullish trend with a price of 0.07364 USDT, up +8.01% in the past 24 hours. Let's dive into some key technical levels and targets to watch!

๐Ÿ“ˆ Key Data Points:

24h High: 0.07428

24h Low: 0.06646

24h Volume (IDEX): 121.14M

24h Volume (USDT): 8.53M

Current Price: 0.07364 USDT

๐Ÿ”ฎ Target 1: 0.07500

The first resistance level we are eyeing is 0.07500. If the bullish momentum continues, we expect a break above this level and further movement towards new highs.

๐Ÿ”ฎ Target 2: 0.07800

This level represents the next psychological resistance. A breakout past 0.07500 could lead to a test of 0.07800, which would signify a continuation of the uptrend.

๐Ÿ”ฎ Target 3: 0.08000

The final target we are watching is 0.08000, a significant level that aligns with key technical indicators, including the potential for strong support as the price continues to rise.

๐Ÿ“Š Indicators to Watch:

Moving Averages (MA): Bullish sentiment with the price above key moving averages.

Exponential Moving Average (EMA): Trend remains strong, suggesting continued upward momentum.

Bollinger Bands (BOLL): Price approaching the upper band, signaling potential breakout.

MACD: Positive momentum on the MACD, confirming the bullish trend.

#Binance #IDEX #USDT๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ #Crypto #TechnicalAnalysis #PriceTargets #Trading