$IOTX /USDT – Bullish Climb Losing Steam? Possible Reversal! 🚨

Current Price: $0.02016 (+5.77%)

After a strong uptrend, $IOTX is showing signs of exhaustion near the 24H high with back-to-back wicks and small-bodied candles.

Key Resistance Levels:

$0.02060 (24H high)

$0.02100

Key Support Levels:

$0.02000 (psychological + structure)

$0.01950

$0.01850 (24H low)

Short Trade Setup (if rejection confirms):

Entry Zone: $0.02020 – $0.02060

TP1: $0.02000

TP2: $0.01950

TP3: $0.01850

Stop Loss: $0.02100

Market Insight:

Momentum is cooling after a steady rise. Watch for a lower high or bearish engulfing candle to confirm the reversal setup.

Pro Tip:

Use a tight SL above $0.021 to keep risk controlled. Ideal for quick scalps if weakness persists below $0.02050.

Scalp-ready setup—stay sharp and react quick!

$IOTX

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