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$INX showing signs of rejection after a parabolic rally
Short $INX
Entry: 0.023 – 0.026
SL: 0.028
TP1: 0.0200
TP2: 0.0172
TP3: 0.0155
TP4: 0.0135
Why:
Price faced strong resistance near $0.0298 and formed a sharp bearish rejection. The asset is overextended after a rapid surge, signaling likely profit-taking and mean reversion. Declining momentum and a cooling RSI suggest a pullback toward MA25 and MA99 support levels.
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{future}(INXUSDT)