đ° IOTXUSDT Analysis Update: Bullish Reversal in Play! đâ
The #IOTXUSDT pair has broken out of its ascending triangle, signaling a potential bullish trend ahead! đ With the price now above the 200-period moving average, momentum is building for a solid move upward.
Key Levels:
Support: 0.0285
Resistance: 0.035, 0.040
Technical Indicators:
RSI (14): 71.42 (Bullish)
Stochastic %K: 87.52 (Buy)
MACD: 0.0015 (Buy)
Bollinger Bands: Expansion (Increased Volatility)
Market Sentiment:
Bullish: 85%
Bearish: 15%
Trade Ideas:
Long-term: Buy on dips, target 0.040 and 0.045
Short-term: Scalp trades, using 0.0285 support
Additional Insights:
24-hour volume surged by 50%!
On-chain data shows growing buying pressure and strong fundamentals for IoT Chain.
â ïž Reminder: Always do your research before investingâcrypto is volatile!
Recommendation:
Entry: 0.03936
Take Profit: 0.05540, 0.06653, 0.08513
Stop Loss: 0.025
$IOTX đ +18.72% today! Get ready to ride the wave! đ
#IOTXUSDT #Binance #CryptoAnalysis #BullishBreakout #CryptoTrading #TradeSmart
