🚀 $IDEX /USDT Trade Setup – Feb 12, 2025 🚀

📊 Market Overview:

Current Price: $0.0481 (+11.45%)Daily High: $0.0535Daily Low: $0.0422

🔹 Trade Setup (Long Position)
🎯 Entry Price: $0.047 - $0.050 (On confirmed breakout)

📌 Take Profit Targets:

TP1: $0.055 (First major resistance)

TP2: $0.065 (Extended bullish target)

📉 Stop-Loss (SL): $0.042 (Below key support level)

🔹 Technical Indicators Supporting the Trade:
✅ RSI Strength:

RSI Daily → 71.98 (Strong bullish momentum)

RSI 60 → 58.15 (Bullish bias)

✅ Moving Averages:

SMA 5, SMA 10, SMA 20 → Bullish 📈

SMA 50 → Bearish (Needs confirmation)

✅ Momentum Indicators:

Stochastic RSI → Bullish Crossover 🚀

MACD → Bearish Crossover (Needs confirmation) ⚠️

ADX → Bullish Crossover ✅

MFI → Overbought (Watch for pullback)

⚠️ Risk Management Tip:
If IDEX drops below $0.042, it could indicate a bearish reversal. Adjust stop-loss accordingly!

💡 Will IDEX hit $0.065 soon? Share your thoughts! 🚀🔥

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