IDEX/USDT Poised for an Explosive Bullish Rally| IDEX Analysis

💎 Attention Paradisers! #IDEX/USDT is poised for a breakout from the descending channel pattern. It is crucial to monitor the daily close candle for a confirmed and valid breakout.

💎 If IDEX sustains above the support trendline at this juncture, it will mark a validated breakout.

💎 Reviewing IDEX’s historical performance, it has maintained a consistent presence in a Strong Demand area. It is observed that IDEX has repeatedly formed wicks to tap into an order block in the bullish OB, with the daily close consistently above the strong demand zone.

💎 The asset has faced numerous trials to breach the descending channel, each time meeting significant rejections and subsequently retracting to the strong demand area.

💎 The analysis may lose its relevance if IDEX withdraws from the Bullish OB area, potentially indicating a further downward journey for the asset.

💎 Keep a close watch and stay informed!