š $IOTX /USDT ā IoTeX Demonstrates Bullish Momentum Amidst Market Fluctuations!
Market Structure: IoTeX (IOTX) has experienced a slight increase over the past 24 hours, indicating a positive market sentimen. The price is fluctuating between an intraday high of $0.01794105 and a low of $0.0169058, suggesting active trading within this rang.
Key Levels:
Resistance: $0.01794105 (intraday hig)
Support: $0.0169058 (intraday lo)
Trade Setup:
Entry Zone: $0.0170 ā $0.013
Target 1: $0.018
Target 2: $0.010
Stop Loss: Below $0.018
Why This Setup Matters: IOTX's recent price movement indicates a potential consolidation phase. Monitoring the support and resistance levels can provide insights into possible breakout or retracement scenario.
Pro Tip: As IoTeX continues to developer platform connecting IoT devices and decentralized applications, staying informed about project developments and broader market trends is crucial for making informed trading decision.
Breakout potential? Keep an eye on $IOTX as it approaches these critical support and resistance level!