$IDEX What are your thoughts on this coin? I haven't analyzed it recently because I haven't seen much movement for spot trading or long-term investments. It consistently falls below the support level for an uptrend and struggles to overcome resistance. It seems to be declining without any clear reason. I imagine many people who have invested in this coin are feeling frustrated.
Typically, I spend time on coins like this because they might offer good profits in the short term. However, it's crucial to monitor the market closely and enter and exit at the right times to avoid significant losses. i know the risk is quite high.
Based on my current analysis, there's a possibility of earning a profit of 25 to 30% within two or three days, but it depends on the upcoming movement. There's considerable selling pressure, so it might experience a further drop to around .051237 or even as low as .04831. If it manages to resist above .055971 for the next 24 hours, we might see it reach levels around .06631 or .06937 and beyond.