Infinex (INX): The start of a new uptrend? (PP: 120%)Infinex / USDTMEXC:INXUSDTMasterAnandaHere we have a new project, INXUSDT (Infinex), and it looks like it is about to move. These projects can develop an uptrend early on and go at it for months. After a major top, a sudden crash follows as we've seen multiple times. Here the signals are very strong supporting a bullish breakout. Any confirmed break of resistance near the upper-trendline of the sideways channel or a price 0.01400 can start an uptrend. The sideways period has been active for more than a month. The bullish signal comes from the volume indicator. Volume has been rising steadily since 22-March and now it is pretty high. With the last active candle producing the highest volume ever. Looks interesting. Can be a good choice in these quiet days. What is Infinex (INX)? Infinex is a decentralized perpetuals exchange created by the founder of Synthetix, Kain Warwick, aimed at providing a user experience similar to centralized exchanges. Unlike traditional DeFi platforms, Infinex allows users to create an account with a username and password, storing private keys in the browser without the ability to withdraw deposited funds, enhancing security and ease of use. The platform leverages Synthetix's derivatives and stablecoins, such as sUSD, for trading, while collecting fees from trading, integration, and staking SNX tokens. Infinex is designed to attract existing crypto traders from centralized exchanges by offering a familiar and efficient trading experience within a decentralized framework. Additionally, the platform is built with open-source components to minimize regulatory risks and will be governed by the Synthetix (SNX) token. Thank you for reading. Namaste.