$IOTX /USDT – Steady Accumulation Phase
IOTX is grinding higher, now at 0.002271, up 8.76% from its 24-hour low of 0.00202. The 0.002292 resistance is the immediate hurdle, but volume is gradually increasing, signalling genuine buying interest. The global liquidation data shows 80% of all liquidations are long positions – meaning bulls are in control, but they are also over-leveraged. If shorts start covering, we could see a rapid spike. My outlook: a clean break above 0.002292 will open the door to TG1 at 0.00235, TG2 at 0.00250, and TG3 at 0.00270. Should price reject, place your stop at 0.00215. The low float nature of this coin means price can move fast on thin order books. Pro tip: use iceberg orders to enter gradually, and monitor the 1-hour RSI – if it stays above 60 without diverging, the trend remains healthy. Avoid market orders during low-liquidity hours to prevent unnecessary slippage.
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