$IOTX /Long-term trading signal - Strong rise with upward momentum
The IOTX index has broken through the short-term resistance level with a rapid rise towards $0.02228.
Buyers are entering with strong trading volumes, indicating the likelihood of a continued upward trend.
Trading settings:
• Entry zone: $0.02205 - $0.02220
• Take profit targets:
1: $0.02240
2: $0.02260
3: $0.02280
• Stop loss: $0.02175
Market outlook:
Sustaining the price above $0.02205 may lead to another rise towards its previous daily highs. Optimists remain in control as long as the key support levels hold.
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