$IDEX exploded +28% with massive volume (206M+) and tapped $0.00950 before immediate rejection. The current -5% intraday pullback signals short-term profit taking after aggressive expansion. Structure remains bullish on higher timeframes, but momentum is cooling. If $0.00800 fails, deeper retracement is likely before continuation.
Trade Setup
Aggressive Long (Pullback Play)
Entry Zone: $0.00790 – $0.00820
Take Profit 1: $0.00900
Take Profit 2: $0.00950
Take Profit 3: $0.01020
Stop Loss: $0.00740
Short Scenario (If Breakdown Occurs)
If $0.00790 breaks with volume:
Entry: Below $0.00785
Targets: $0.00730 → $0.00680
Stop Loss: $0.00835
High-volume expansion followed by rejection often leads to consolidation before the next impulse. Watch reaction at $0.00800 carefully — that level decides continuation or correction.
Smart traders react. Emotional traders chase.
Buy and trade here on
$IDEX #IDEX #Altcoins #CryptoTrading