🚀 $IOTX /USDT BULLISH BREAKOUT IN SIGHT! 🚀
📈 Current Price: $0.02177 (+3.81%)
⏰ Timeframe: 4H/1D Analysis
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🔍 Technical Overview:
✅ Trend: Bullish momentum building with price above all key moving averages.
📊 Moving Averages:
MA(7): $0.02140
MA(25): $0.02138
MA(99): $0.02097
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🔑 Key Levels:
🟢 Support Zones:
$0.02130 – Minor support (previous consolidation area)
$0.02087 – Strong support (MA cluster zone)
$0.02009 – 24H Low / major dip-buy zone
🔴 Resistance Zones:
$0.02208 – Immediate resistance (24H High)
$0.02250 – Breakout level
$0.02330 – Next key resistance on higher time frame
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💼 Trade Setup – LONG POSITION:
📥 Entry: $0.02170 – $0.02180 (on minor retrace)
🎯 Target 1 (TP1): $0.02250
🎯 Target 2 (TP2): $0.02330
🛑 Stop Loss (SL): $0.02070 (below strong support zone)
📌 Confirmation: Look for bullish candle close above $0.02208 or bounce off $0.02130 with strong volume.
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📊 Indicators Confirmation:
✅ MACD crossing up
✅ Price above all MAs
✅ Increasing volume
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💡 Risk Management Tip:
Use 2% max capital risk per trade. Adjust position size according to SL distance. Stay disciplined – plan the trade, trade the plan! 🧠📉📈
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🔥 IOTX is gaining steam – Bulls are taking charge! Stay sharp and follow your strategy! 💹💪
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