š$IOTX / USDT ā Explosive Breakout with Sharp Pullback! Is It Just the Beginning? šš
$IOTX / USDT just delivered a massive 16.18% gain, now trading at $0.02606, after spiking to a 24H high of $0.02987. The 4H chart shows a textbook breakout candle followed by a corrective phase, indicating strong volatility and active profit-taking.
Despite the rejection from near $0.03000, the price is still up significantly and trading above key support levels. Volume remains strong with over 793.60M IOTX exchanged, suggesting continued trader interest and liquidity.
š Key Technicals:
24H High: $0.02987
24H Low: $0.02236
Support Zone: $0.02500 ā $0.02400
Resistance: $0.02800 ā $0.03000
š Trend Snapshot:
30D: +25.04%
90D: +37.36%
1Y: -27.52% (still recovering from longer-term downtrend)
ā ļø What to Watch: A bounce from current levels could trigger a second attempt toward $0.03000+. However, if sellers stay aggressive, IOTX may retrace deeper into the $0.024 zone before stabilizing.
#IOTX #IOTXUSDT #BreakoutTrade #CryptoSignals #VolatilityAlert