🧠 IDEX +38.55% in 24h! The DEX that roared back!
What caused this forgotten gem to explode nearly 40% in a single day?
🔍 Technical Analysis
IDEX broke its bearish structure cleanly surpassing $0.035, and reached $0.0408 with a powerful engulfing candle. The RSI is at 68 with strength, and the MACD has just crossed bullish. The 20-day EMA has tilted upward for the first time since April. Explosive and increasing volume.
📊 Key Indicators
RSI: 68 – Bullish with margin
MACD: Confirmed crossover
EMA 20 > EMA 50 – First time in weeks
🧠 Fundamental Analysis
IDEX is the first hybrid DEX in the market: it combines the best of CEX (limit orders, speed) with the security of DEX. In 2024, they launched support for L2s like Arbitrum and Base, attracting traders fleeing Ethereum's gas fees.
🚀 What triggered the rally?
New integrations with L2 networks (Arbitrum + zkSync)
Listing on multichain wallets like Rabby and Leap
Rumors of an incentive campaign for LPs
💡 Conclusion
IDEX is back on the radar with strength. It is entering price discovery mode if it surpasses $0.042, and may have an interesting upside if volumes hold. DEX with a solid base, real technology, and trending narrative.
📣 Will you hop on the hybrid DEX train or wait for confirmation? Read the charts, make your plan, and share your play!
#IDEX #DeFi #BinanceES
#CriptoTraders #CryptoScamSurge