$IOTX /USDT – 4H Trade Setup
Market Insight:
$IOTX is consolidating just under the 0.030 mark with moderate strength, showing a +1.08% gain. Volume is healthy, and short-term MAs (MA(5) > MA(10)) indicate bullish momentum is building after a bounce from the recent low of 0.02835.
Entry Zone:
🔹 0.02960 – 0.02996 USDT
(Buying near the lower end of this zone gives a favorable risk-reward setup.)
Targets:
🎯 Target 1: 0.03045
🎯 Target 2: 0.03120
🎯 Target 3: 0.03250
Stop Loss:
🔻 0.02835 USDT
(Below the 24h low and previous support zone.)
Key Levels:
Support: 0.02960 / 0.02835
Resistance: 0.03045 / 0.03120
Pivot Level: 0.02996
Pro Tip:
If IOTX clears 0.03045 with increasing volume, it may trigger a momentum breakout. Watch for 15m–1h consolidation just below resistance for confirmation.
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