🚨 $IOTX /USDT BREAKOUT SIGNAL: Tight Targets for Immediate Gains 🚨
$IOTX /USDT is currently trading at $0.04837 after testing its recent high of $0.04849. The chart on the 15-minute timeframe shows increasing bullish momentum with buyers pushing prices higher and holding gains near resistance. If the price sustains this level, we may see a minor breakout toward short targets.
Trade Setup:
Entry: $0.04837
Target 1 (TP1): $0.04850
Target 2 (TP2): $0.04865
Target 3 (TP3): $0.04880
Stop Loss (SL): $0.04754
The RSI is hovering near 69, signaling strong momentum but cautioning against overbought conditions. Manage positions carefully, as a minor pullback could retest immediate support near $0.04754 before another upward push. Keep an eye on volume for breakout confirmation.