is a short technical analysis and trade signal for $IOTX 💯🔥
/USDT based on the provided data:
Technical Analysis Summary (Short-Term)
Trend: Bullish momentum building after recent bounce from $0.01894
Support: $0.02017 (strong), $0.02000 (psychological)
Resistance: $0.02100 (immediate), $0.02150 (next)
Momentum Indicators:
RSI (est.): Likely around 55–60 — showing moderate bullish strength
MACD (est.): Possibly crossing bullish on lower timeframes (15m–1h)
Volume: Decent spike in 24h volume suggests accumulation
Trade Signal
Type: Short-Term Buy
Entry Zone: $0.02020 – $0.02040
Target Levels (🎯)
Target 1: $0.02100
Target 2: $0.02150
Target 3: $0.02220
Stop-Loss: $0.01980 (below local support)
Trade Momentum
Bias: Bullish
Confidence: Moderate
Timeframe: Intraday to 2 Days
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