🚀 $INX is showing a potential technical setup!

The 1D chart for INX/USDT is currently consolidating near local lows, forming a potential base after a previous macro downtrend.

📈 The Technical Setup:
• The Pattern: Descending resistance trendline with local range consolidation
• Short-term Target: 0.00733
• Macro Objective: 0.01004
• Market Structure: Consolidation / Potential Reversal

🎯 Key Levels to Watch:
• Support / Accumulation Zone: 0.00565 - 0.00600
• Resistance: 0.00733 - 0.00786
• Breakout Level: 0.00733
• Stop Loss / Invalidation: 0.00550

📊 Confirmation:
• Volume: Neutral/standard volume
• Momentum: Stabilizing around local lows near key fib retracement levels
• Trend: Macro downtrend attempting to form a local base

⚠️ Invalidation:
A daily candle close below the 0.00550 support level invalidates the setup.

Wait for a confirmed breakout above local resistance before entering a long position.

💎 Creator: NOUMAN_DON (@NOUMAN_DON)

#INX #crypto #BinanceSquare #Binance #TechnicalAnalysis