$IOTX Builds Pressure – Breakout Incoming?
IOTX is trading at $0.02929, up +13.18% on the day. Price is testing near resistance after a sharp intraday recovery. Bulls are building momentum—but will they break through or fade?
Key Levels to Watch
Resistance Zones:
• $0.02940 – Local top & breakout level
• $0.03000 – Psychological round number
• $0.03120 – Extension zone
Support Zones:
• $0.02850 – Intraday support
• $0.02790 – Key retracement area
• $0.02536 – 24h low & invalidation point
Bullish Trade Setup
Trigger: Break and hold above $0.02940
• Target 1: $0.03000
• Target 2: $0.03120
Bearish Trade Setup
Trigger: Breakdown below $0.02850
• Target 1: $0.02790
• Target 2: $0.02536
With strong volume buildup and tight price action, IOTX is coiling for a breakout. Traders should watch for confirmation with volume spikes before entry.