$IDEX/USDT – A bull flag is forming! 🚀📈
$IDEX has just broken out vertically from 0.02455 to 0.03000. Currently, it's forming a bullish flag pattern above the 15-month EMA, with support above it. The relative strength index (RSI) is declining, but the trend remains strong—a new uptrend is imminent.
📌 Current Price: 0.02892
📈 Moving Average Cluster Support: 0.02550 – 0.02750
🟡 RSI(6): 74 | Stoch RSI: 74 – Ready for a second wave up
{spot}(IDEXUSDT)
📊 Trade Setup (Long):
• Entry Zone: 0.02850 – 0.02780
• TP1: 0.03020
• TP2: 0.03200
• TP3: 0.03450
• Stop Loss: 0.02690
🔥 Insight:
Volume has exploded and is now stabilizing below the breakout top. If BTC does not break the market sentiment, IDEX will see a second leg up. Watch for a break above 0.03020 – this will be the trigger point for the next leg up.