IOTX/USDT – 1H Triangle Retest
Price has rejected $0.0230 twice, confirming resistance. The rising lower trendline is intact, forming an ascending triangle.
‣ Bearish Setup: Entry near $0.023 on confirmed rejection, SL above $0.0234, targets at $0.0215 and $0.0210.
‣ Bullish Setup (if breakout): Entry above $0.0232 with volume, SL below $0.0228, target ~$0.0245–$0.0250.
This is a technical setup, not a signal—trade with confirmation and manage your risk.
💬 Your move: are you shorting the ceiling or waiting for a breakout?