📈 $IOTX

: Ascending Triangle Setup 🚀

$IOTX is trading at $0.04832, showing an increase of +6.60% with a clear bullish pattern forming on the 4-hour chart. The ascending triangle structure signals growing interest from buyers as the price tests resistance around $0.05000. A breakout could lead to significant gains.

📊 Trading Signal

🔹 Trade Direction: LONG 📈

Entry Zone: $0.0480 - $0.0500

Take Profit (TP):

TP1: $0.0530 (Initial Resistance)

TP2: $0.0600 (Key Resistance Zone)

Stop Loss (SL): $0.0450 (Trend Line Support)

💡 Why You Should Make This Trade?

1️⃣ Bullish ascending triangle suggests a potential breakout.

2️⃣ Volume is gradually increasing, indicating buying momentum.

3️⃣ A breakout above $0.0500 could trigger a rise to the $0.0600 zone.

🔒 Risk Management: Set a stop-loss at the trend line support and lock in profits near resistance levels.

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