$IOTX /USDT LONG TRADE SETUP – STRONG BULLISH BREAKOUT
Current Price: 0.03121
Timeframe: 1-Hour Chart
Market Structure: Price surged from 0.02861 to a new high of 0.03126, breaking past previous resistance with strong bullish candles and high momentum.
ENTRY LEVEL:
Look for long entries between 0.03100 – 0.03120 on a slight pullback.
STOP LOSS:
Place stop loss below 0.03060 to protect against false breakouts.
TARGET POINTS:
TP1: 0.03160
TP2: 0.03210
TP3: 0.03280
TRADE ANALYSIS:
IOTX is showing aggressive buying pressure and breaking into new highs. If volume remains strong, this breakout could extend further. A retest of 0.03100 with quick buyer reaction would be a good confirmation for continuation trades.