$IOTX IOTX is bleeding hard today, down **-10.16%** to **$0.01945** as sellers dominate. The price just crashed through all key moving averages (**MA7/MA25 at 0.01954, MA99 at 0.01986**) – a bearish sign. The 24h range (**0.01820–0.02191**) shows intense selling pressure, with bulls barely holding the **0.01820** support.
The **RSI(6) at 36** isn't oversold yet despite the dump, meaning more downside could come. MACD is negative (**-0.00002**) with no bullish crossover in sight. High volume (**395M IOTX traded**) confirms strong capitulation.
**Critical Levels:**
- **Support:** **0.01820** (must hold or crash accelerates)
- **Resistance:** **0.01954** (former MA support, now resistance)
**What’s Next?**
If **0.01820** breaks, we could plunge to **0.01700**. Any bounce needs to reclaim **0.01954** to suggest relief. Right now, the trend is firmly DOWN.
**Trade Plan:**
- **Avoid buying** until RSI recovers above 40 + price holds **0.01820**
- **Short opportunities** below **0.01820** targeting **0.01750**
This is high-risk – use tight stops if trading.
