$IOTX is Testing a Make-or-Break level—A Decisive Move is Imminent

Market Trend

IOTX is hovering at critical support near $0.01750, with a tightening Bollinger Band squeeze signaling an imminent volatility expansion. Hidden bullish divergence on RSI suggests potential upside, but a break below $0.01740 could trigger further downside.

Trade Setup

📈 Long Setup:

Entry 1: $0.01755

Entry 2: $0.01770

Take Profit 1: $0.01790

Take Profit 2: $0.01820

Take Profit 3: $0.01850

Stop Loss: $0.01735

Why This Trade?

✅ BB Squeeze Alert: 30-day low bandwidth (0.00056) → 89% probability of volatility expansion

✅ Hidden Bullish Divergence: RSI(14) higher low while price made a lower low

✅ Liquidity Pool: $0.01740-$0.01760 strong volume node over 3 weeks

✅ Market Structure: Holding above 200-EMA on the 4H chart

Key Levels

🔹 Support 1: $0.01750 (Psychological level)

🔹 Support 2: $0.01735 (BB Baseline)

🔹 Resistance 1: $0.01776 (Today’s high)

🔹 Resistance 2: $0.01791 (Upper BB)

🔹 Resistance 3: $0.01825 (HTF pivot level)

Market Update for IoTeX

IOTX is down -0.90%, but key supports remain intact. The tight 0.45% trading range suggests institutional accumulation.

🚀 Bullish Scenario: A flip of $0.01770 into support could trigger an upward move.

⚠️ Bearish Scenario: A break below $0.01740 with volume could extend losses.

Pro Tip: Set alerts at $0.01770 and $0.01740—watch for volume confirmation before entering!

#IOTX #SmartMoney