$IOTX ๐ ๐ BULLISH MOMENTUM ๐ฅ ๐ช
๐ Trading Strategy
๐น Intraday / Short-Term (Scalping to Day Trade)
๐ฏ Buy Zone: $0.02200 โ $0.02230 (Horizontal support + EMA10)
๐ Target 1 (TP1): $0.02280 (0.5% Fibonacci resistance)
๐ Target 2 (TP2): $0.02330 (Recent local high resistance)
๐ Stop Loss (SL): $0.02165 (below demand block & trendline)
๐งฎ Risk-Reward: ~1:2
๐ฐ Confidence: โญโญโญโญโ
๐ง Notes: RSI is holding ~54 on 1h, MACD bullish crossover just confirmed. Watching for higher volume spikes for stronger entry signals.
๐ธ Swing Setup (1โ3 Days)
๐ Entry Trigger: Break + 4h close above $0.02350 with 15M+ volume
๐ฏ TP1: $0.02490
๐ฏ TP2: $0.02600
๐ SL: $0.02140
๐ Confirmation: Look for EMA 50 flip on 4H and MACD histograms expanding.
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