Is IDEXUSDT Preparing for a Bullish Surge or a Breakdown?Yello Paradisers! Could this be the breakout we’ve been waiting for, or is a fakeout lurking? Let's dive into what’s happening with IDEXUSDT right now:
💎IDEXUSDT has broken out of a triangle pattern and has now formed a W pattern at the demand zone, increasing the likelihood of a bullish move.
💎If IDEXUSDT breaks above the resistance zone and secures a candle close above it, we can anticipate a strong bullish move.
💎In the event of a pullback, there’s potential for a triple bottom pattern to form at the support zone. To confirm this setup, watch for an I-CHoCH (Internal Change of Character), indicating a shift towards a bullish market structure.
💎However, if the price breaks down and closes a candle below the demand zone, it will invalidate our bullish setup.
🎖As always, patience and strategy are key. Only those who stay disciplined will come out ahead. Stay sharp and trade smart, Paradisers!
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