$INX is setting up something interesting here
On the daily timeframe, price has been consolidating for a while
forming a tight range with lower highs and steady support
This kind of structure usually leads to a big move
Right now price is sitting around 0.0122
and getting closer to the breakout zone
If we get a clean break above this trendline resistance
this could turn into a strong expansion move
The chart is literally showing potential for a big upside if momentum kicks in
Here’s how I’m looking to play it
Entry
0.0123 – 0.0126 on breakout and hold
Stop loss
0.0109
If price falls back inside the range
the breakout setup fails
Take profit
TP1: 0.018
TP2: 0.025
TP3: 0.035
This is more of a patience setup
No rush, no early entries
Wait for confirmation and let the market move first
Big moves come after long consolidations
Who’s watching $INX with me
Breakout play or still waiting
