$IOTX /USDT Analysis: Trade Setup & Key Levels

Current Price: $0.03558 (down 8.42% in 24h).

Momentum: Bearish right now; needs to rise above $0.03942 for a bullish trend.

Key Levels to Watch:

Resistance:

1. $0.03942 (recent high).

2. $0.04150 (next resistance).

3. $0.04400 (strong target).

Support:

1. $0.03159 (recent low).

2. $0.03000 (important support).

3. $0.02800 (stronger support).

Trade Plan:

Buy: If price bounces back from $0.03159.

Targets:

1. $0.03942

2. $0.04150

3. $0.04400

Stop-Loss: Around $0.03000 to reduce risks.

Indicators to Watch:

RSI > 30 and MACD turning positive could signal recovery.

Wait for price to break $0.03942 for strong bullish confirmation.

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