$INX LONG 🟢
Entry: 0.00459.
TARGETS:
0.0056
0.0060
0.0065
0.0079
INX is sitting right around the $0.0050 area, and this level has already acted like support on the chart. I’m watching the $0.005060–$0.005160 zone for the entry. If buyers manage to hold this area and price starts moving back up, the first levels I’d watch are $0.0056 and $0.0060. Above that, $0.0065 comes into focus, with $0.0079 as the bigger target shown on the setup. Nothing is confirmed yet though. The key thing for me is how price reacts around the current support. If that level fails, the whole setup needs to be reconsidered. Manage risk accordingly.
Entry: 0.00459.
TARGETS:
0.0056
0.0060
0.0065
0.0079
INX is sitting right around the $0.0050 area, and this level has already acted like support on the chart. I’m watching the $0.005060–$0.005160 zone for the entry. If buyers manage to hold this area and price starts moving back up, the first levels I’d watch are $0.0056 and $0.0060. Above that, $0.0065 comes into focus, with $0.0079 as the bigger target shown on the setup. Nothing is confirmed yet though. The key thing for me is how price reacts around the current support. If that level fails, the whole setup needs to be reconsidered. Manage risk accordingly.