$IOTX /USDT โ Bullish Breakout in Progress! ๐
Current Price: $0.02116 (-0.75%)
๐ Market Structure:
Sharp bounce from the $0.01940 low
Bullish engulfing candle signaling a trend reversal
Buyers stepping in with momentum near key resistance zone
๐ Trade Setup:
Entry Zone: $0.02100 โ $0.02120
TP1: $0.02180
TP2: $0.02250
TP3: $0.02330
Stop Loss: $0.02020 (below previous wick support)
๐ Key Resistance: $0.02180 โ $0.02250
๐ Key Support: $0.02000 โ $0.01940
๐ก Pro Tip:
A strong 1H candle close above $0.02180 could confirm bullish continuation. Ideal for breakout traders looking to ride the momentum!
๐ฅ Breakout alert triggered โ watch $IOTX closely for the next leg up!
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