๐๐ฅ $IOTX ๐๐ฅ $ARB ๐๐ฅ $NEAR
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๐ฎ IoTeX (IOTX) โ A Giant Awakening? ๐ฎ
IOTX is forming a massive falling wedge on the weekly timeframe, and it's testing a multi-year support zone. This kind of structure is often seen before explosive upside moves. The RSI at 46.66 shows there's still plenty of room to run before becoming overheated.
A breakout from the wedge with volume could send IOTX flying to reclaim the $0.15 levelโand possibly beyond to its previous highs around $0.60+, which would be a mind-blowing rally from current levels (~0.0223 USDT).
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๐ธ Trade Angle:
If youโre considering high-risk/high-reward setups, even a $100 position with 5โ10x leverage here could turn into a major winโif the breakout confirms.
โ ๏ธ Remember: These setups look beautiful, but always DYOR and manage your risk wisely. This market rewards patience and strategyโnot just hype.