$IOTX

Current price 0.02127

Target 1🎯 : 0.025

Target 2🎯: 0.027

Target 3🎯: 0.030

open long positon with 8-10x leverage

stop loss 0.019-0.018

Entry : 0.022 when it breaks it,s resistance level

you are thinking guys how it can go up to 0.030$ in next 2 days

Let's delve Technical analysis on IOTX /USDT

Trend Analysis

The overall trend is bearish, with a clear downward movement.

A recent low of $0.01772 was hit, and now the price is showing some recovery.

The price is currently at $0.02136, up 9.54%, which suggests a possible short-term reversal.

2. Support & Resistance Levels

Support: Around $0.01772 (recent low).

Resistance: Near $0.02240 (24h high) and further at $0.02810.

If the price breaks above $0.02240, it could attempt to push higher.

3. Moving Averages

MA(5) = 94.18M, MA(10) = 116.74M (appears to be volume-weighted).

If short-term MA crosses above long-term MA, it could signal a bullish reversal.

4. MACD (Moving Average Convergence Divergence)

DIF: -0.00397, DEA: -0.00403, MACD: 0.00006.

The MACD histogram is barely positive, suggesting the bearish momentum is weakening.

5. RSI (Relative Strength Index)

RSI(6) = 43.02, which is below 50.

This suggests that the coin is not yet in overbought territory, meaning there is room for further upside.

Conclusion & Strategy

Short-Term: If the price holds above $0.02100 and breaks $0.02240, it could go higher.

Long-Term: The trend is still bearish. A confirmed reversal needs higher lows and higher highs.

Best Approach: Traders should look for confirmation signals before entering a long position, while short sellers might watch for resistance at $0.02240 or $0.02810.