🚨 Market Alert: $IOTX Unusual Buying Activity!
455K USDT traded in just 5 minutes, representing 15% of daily volume.
📉 Price: 0.03766000 (-0.05%)
📊 24H Volume: 3.3M USDT
⏰ Last Alert: 2 days ago.
Key Levels to Watch:
Support: 0.0370 – This is a critical zone. If the price stays above it, bulls may maintain control.
Resistance: 0.0385 – A breakout here could signal further upward movement.
Possible Scenarios:$IOTX
1. Breakout Opportunity: If the price breaks above 0.0385 with volume, consider a short-term buy for potential gains.
2. Rejection at Resistance: Watch for selling pressure near 0.0385. If rejected, a pullback to 0.0370 is likely.
3. Sideways Movement: If the price consolidates between support and resistance, wait for a clear breakout before making a move.
Suggested Strategy:
. Buy if the price breaks 0.0385 with strong volume. Set stop-loss at 0.0370.
.Consider selling if the price fails to break 0.0385. Target 0.0370 or lower.
.Stay cautious and monitor volume closely!
#USUALAnalysis #ElSalvadorBTCReserve #BinanceAlphaAlert #MarketPullback