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Price bounced from support around 0.0105

Now moving up with a green candle

MACD turning positive → possible short-term bullish momentum

Resistance above near 0.0135 – 0.0154

Also overall forecasts show INX trading roughly $0.011–$0.015 short term, meaning the market is still ranging. �

MidForex

Possible Next Move

🟢 Bullish Scenario

If price breaks 0.0128–0.0130

Target 1: 0.0135

Target 2: 0.0148 – 0.0154

Trade idea:

Entry: 0.0122 – 0.0124

TP: 0.0135 / 0.0148

SL: 0.0117

🔴 Bearish Scenario

If price fails at 0.0126 – 0.0130

Drop back to 0.0115

Strong support 0.0105

Trade idea:

Short entry: near 0.0129

TP: 0.0116

SL: 0.0135

✅ My opinion:

Market looks short-term bullish bounce, but still range market. Best trade is buy near support, sell near resistance.