$IDEX Fate may be reset
1. Overall Trend Judgment (Core)
Prosperity Ends: IDEX experienced an extremely crazy surge at the end of 2024, with prices shooting up from a low to around 0.1150.
Brutal Return: The bubble quickly burst afterwards, not only breaking the starting point but also continuously setting new lows.
Current Situation: The price has currently fallen to 0.01181, having dropped 90% from its peak. Although there are occasional small rebounds, the peaks keep lowering, and the bulls have no power to fight back.
The medium-term trend for IDEX is extremely poor. It is currently in the “garbage time” of liquidity exhaustion. The market has lost interest in it, and the price is searching downward for extreme support (or reset to zero).
2. Key Levels
Resistance Level (Selling Pressure Zone):
Short Resistance: 0.0150 - 0.0160. A small platform bottom. If it rebounds here, previous trapped positions will be eager to cut losses.
Strong Resistance: 0.0250. The bottom of the oscillation platform. After breaking this level, IDEX entered the “ICU” emergency room. In the short term, this is a ceiling that is difficult to surpass.
Support Level (Defense Zone):
Lifeline: 0.0110. The lowest point is around this area. This is currently the historical new low zone. If it breaks down, it will enter the “unknown abyss” below.
Psychological Bottom: 0.0100. A critical integer threshold. For a coin worth only a few cents, 0.01 is the last psychological defense line.
3. Trading Volume Signal
Signal: Extremely Decreased Volume.
Compared to the huge volume during the peak at 0.11, the current trading volume is almost invisible.
Interpretation: Abandoned by the market. The buying willingness has dropped to freezing point, and the main funds have long since withdrawn, leaving only deeply trapped retail investors “lying flat.” Without new funds, the price can only slowly slide down under the force of gravity.
4. Operational Strategy
Holders: Extremely Passive.
Stop Loss: If you bought recently, you must stop loss if it falls below 0.0110, do not hold onto fantasies.
Lying Flat: If you are trapped at a high position (down 80-90%), cutting losses now is not very meaningful. You can only hold on tightly, hoping for a potential “resurrection” rebound in the future.
Non-Holders: Absolutely do not touch!
Avoid Bottom Fishing: This kind of trend is like a dull knife cutting meat; whoever catches it will die.
Only Opportunity: Unless you see a daily-level large bullish candle with volume and stabilize above 0.0150, it’s better to watch more and act less.
5. Summary
IDEX has entered the “Shock Period,” the trend is extremely weak, and it is highly probable that it will continue to decline!
