$IOTX /USDT

📊 IOTX/USDT Trade Setup

Current Price: $0.02116

24h Range: $0.02051 – $0.02146

Volume: 41.89M IOTX (~$873K)

Type: Layer 1/2 Token

Exchange: Binance

🔍 Key Price Levels

Resistance Zone:

$0.02150 (24h high + minor order block)

$0.02200 – $0.02260 (recent supply zone per depth)

Support Zone:

$0.02050 (24h low)

$0.02000 psychological + strong historical level

⚙️ Trade Setup (Long/Buy Position)

Entry Zone:

$0.02100 – $0.02080 (wait for small dip/consolidation)

Stop-Loss (Tight Risk Control):

Below $0.02050

Conservative: $0.02030

Take Profit Targets:

TP1: $0.02150 (recent high)

TP2: $0.02200

TP3: $0.02250 – $0.02300 (upper resistance based on depth)

Risk:Reward Estimate (using entry ~0.02090):

Risk: ~0.00060

Reward to TP1: +0.00060

→ R:R = 1:1 to 1:3.5+ (very favorable)

🧨 Alternative Bearish Setup (if price breaks support)

If IOTX breaks and closes below $0.02050 with volume:

Entry (Short): $0.02040

Stop-Loss: $0.02080

Target: $0.01980 → $0.01930 (next demand area)

📌 Confirmation Indicators (Optional)

Use these on 15m / 1H to time entry:

RSI above 50 and rising

MACD bullish crossover

Volume uptick on breakout from $0.02120+

Bullish flag/pennant breakout pattern

💡 Summary

DirectionEntryStop LossTargetsLong$0.02090$0.02030$0.02150 → $0.02250Short$0.02040$0.02080$0.01980 → $0.01930

#IOTX/USDT‼️ #REX-OSPREYSolanaETF #CryptoTrading. #Write2Earn #StrategyBTCPurchase