$IOTX 🦅
💬 Opinion💥
While the market is slightly bearish, there is a chance for a bullish recovery. Monitor price action closely near support for potential entry. 🚀
📊 $IOTX /USDT Market Analysis
🔍 Current Price: $0.03795 (-2.79%)
📈 Key Levels:
24h High: $0.03932
24h Low: $0.03697
📉 Market Sentiment:
The market sentiment appears neutral to slightly bearish, as the price is trading below the short-term moving average. A potential bullish reversal is possible if the price holds above support near $0.03697.
🔥 Short-Term Outlook:
Price is currently testing support around $0.03795. If it holds above $0.03697, we could see a move towards the resistance at $0.03932. A break below $0.03697 would indicate further bearish pressure.
🚀 Long Entry:
Buy near: $0.03795 (if price bounces off support)
🎯 Target:
Short-Term Target: $0.03932
Long-Term Target: $0.04050
🚨 Stop Loss:
SL: $0.03650 (below recent support)
💬🚀
