$IOTX
/USDT: Slight Dip Move Confirm 💯 💫 Ready for Potential Bounce 💯 🔥
$IOTX is currently priced at $0.04177, down 3.40% in the last 24 hours. Here's the strategy for navigating this Layer 1 dip:
Targets 🎯
1. Rebound Above $0.04300
🎯 $0.04400 | 🎯 $0.04500 | 🎯 $0.04600
Stop Loss: $0.04100
2. Support Zone at $0.04125
🎯 $0.04200 | 🎯 $0.04300 | 🎯 $0.04350
Stop Loss: $0.04050
3. Breakdown Below $0.04100
🎯 $0.04000 | 🎯 $0.03900 | 🎯 $0.03800
Stop Loss: $0.04100
Layer 1 Insights
RSI: At 47, indicating neutral market conditions, with room for potential upside or further downside.
MACD: Flat, showing indecision and no clear trend at the moment.
Bollinger Bands: Price near the lower band, which could signal potential for a reversal or continuation of the downtrend.
IOTX is undergoing a correction—watch for support or resistance to determine your entry or exit point!
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