$IDEX Market Update
IDEX is showing signs of gradual recovery after a period of consolidation. The price action suggests that buyers are slowly stepping in near the support zone, which could lead to a potential upside move if resistance levels are broken.
Currently, IDEX is trading in a short-term range, and a breakout above the key resistance area could trigger a bullish continuation. Volume stability indicates that the market is preparing for a possible momentum move.
Technical Overview:
Support Zone: Strong buying interest near recent lows
Resistance Zone: Key breakout level ahead
Trend: Neutral → Bullish if breakout confirmed
Outlook: Accumulation phase in progress
Trade Idea:
Entry Zone: Near support / accumulation area
Target 1: Short-term resistance
Target 2: Breakout extension level
Stop Loss: Below support zone
Conclusion:
IDEX is currently in an accumulation structure. Traders should watch for a breakout confirmation, as it may signal the start of a stronger upward move.
#IDEX