$IOTX Gaining Momentum – A Breakout Looks Imminent!
$IOTX is currently trading at $0.04813 on the 15-minute chart, recovering strongly from the recent low of $0.04650 and approaching its 24-hour high of $0.04935. With the RSI at 71.37, bullish momentum is building, and a retest of the high looks likely.
Trade Setup:
Entry: Around $0.04810
Target 1 (TP1): $0.04850
Target 2 (TP2): $0.04880
Stop Loss (SL): $0.04760
With MACD showing early bullish signs and volume starting to pick up, IOTX could break through resistance soon. Traders should watch closely for a clean upward move while maintaining tight risk management.