⚠️ $IOTX Pulls Back -1.64% — Watch Key Support for Possible Bounce
📊 Snapshot:
Price: $0.03176
24h Change: ▼ -1.64%
Momentum: Mild bearish retracement after recent steady action
Volume: Moderate, keep an eye on volume changes for confirmation
RSI: Slightly dipping, approaching neutral support zone
🔍 Market Insight
IOTX is currently experiencing a small correction likely due to market consolidation. This pullback could offer a buying opportunity if support holds strong.
🛡️ Key Levels to Watch
Support Zone: $0.0310 – $0.0315 (critical demand zone)
Entry Range: $0.0310 – $0.0320 (ideal for cautious buying)
Stop Loss: Below $0.0305 (to protect capital)
Resistance Targets: $0.0330 → $0.0345 (next key resistance levels)
🎯 Trading Strategy
Consider buying near support zone
Use tight stops to manage risk
Take profits near resistance levels
⚙️ Strategy Type:
Correction and Bounce Potential
📊 Confidence Level: Medium — support confirmation needed.
💬 Comment “IOTX✋” if you’re waiting for confirmation or “IOTX💪” if you’re ready to buy dips.