$IOTX
/USDT Technical Analysis – Key Levels to Watch 🎯
The IOTX/USDT pair is showing a solid upward movement, currently trading at $0.04815, with a 24-hour increase of +2.36%. Let’s break down the key levels and potential targets for this pair.
1. Target 1: $0.04935 (Resistance Level) 🎯
The 24-hour high at $0.04935 represents a strong resistance. A break above this level could signal a further uptrend toward the next key targets.
2. Target 2: $0.05000 (Psychological Level) 🎯
A clean breakthrough above $0.04935 could push the price to the psychological level of $0.05000. This is a critical resistance, and if surpassed, it could lead to a significant surge in price.
3. Target 3: $0.04548 (Support Zone) 🎯
On the downside, $0.04548 is a key support level. If the price retraces, this level will be critical to watch for signs of reversal or continued consolidation.
Current Market Sentiment:
24h Volume: 218.38M IOTX, 10.34M USDT
1-Hour Price Action: $0.04815 (+1.39%)
With a solid upward momentum, IOTX/USDT is on the move. Keep an eye on these key levels as the market progresses. Stay tuned for more updates on Binance!