LongTrap

$IOTX — The Internet Has Decided. Long. Obviously.
Have you seen this signal:
> “Go long on $IOTX NOW with 10x to 25x leverage.
Target 1: $0.024
Target 2: $0.025
Target 3: $0.028
Stop-loss: $0.020”
I counted 17 posts with the exact same signal — it’s basically a meme at this point.

Because when everyone agrees, what could possibly go wrong?

Let’s break it down:
Yes, IOTX looks strong — volume spike, bullish MACD crossover, higher lows on multiple timeframes. But also:

Open interest just exploded — and not because someone shorted for fun.

Long/short ratio flipped vertical — because apparently, bears went extinct.

Stop-loss at $0.020? That’s everyone’s stop. Which makes it the juiciest price zone for liquidation hunts.

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Smarter Entry Plan (Because We Like Our Money):

Option 1 – The “Not Chasing Hype” Approach:

Wait for a confirmed break of $0.0223 with volume.

Place stop just below $0.0198 to dodge herd stop zones.

Trim at $0.024, trail the rest like a grown-up.

Option 2 – The Contrarian Sneak Attack:

If price fails to break $0.0223 after multiple stabs, consider a short.

Stop above $0.0225.

Targets: $0.0210, then $0.0203 — AKA where degens panic.

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Final Words:
It might pump. It might dump. Just don’t marry a trade you met on Twitter.
Confirmation is still sexier than FOMO.

#IOTX #cryptotrading #Binance #LongTrap