$IOTX – 💡 Professional Tip: Wait for a bullish engulfing candle to appear on the 15-minute or 1-hour chart to confirm a strong reversal entry.
A rebound is in progress from the support area!
$IOTX is currently holding above the 0.02700 dollar level after a short-term pullback, indicating the potential for a reversal from this small demand area. If momentum continues to build, we may see buyers pushing towards the recent highs around 0.0282 dollars.
Trade setup:
Entry area: 0.02700 dollars – 0.02730 dollars
TP1: 0.02780 dollars
TP2: 0.02820 dollars
TP3: 0.02880 dollars
Stop loss: 0.02670 dollars
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