$IOTX is showing some nice strength on the 4H timeframe right now! ๐๐
Now, we're seeing a strong green candle printing, which looks like bulls are stepping back in to defend the 0.00375 zone. We are currently sitting around 0.003795.
If we can hold this level, I think we're gearing up for another leg up to test the recent high.
๐ Trade Setup (Long):
๐น Entry: 0.00375 - 0.00380 (Current zone)
๐น Take Profit 1: 0.00393
๐น Take Profit 2: 0.00405
๐น Stop Loss: 0.00362
โ๏ธ Leverage: Keep it low, 3x-5x max.
$IOTX
Now, we're seeing a strong green candle printing, which looks like bulls are stepping back in to defend the 0.00375 zone. We are currently sitting around 0.003795.
If we can hold this level, I think we're gearing up for another leg up to test the recent high.
๐ Trade Setup (Long):
๐น Entry: 0.00375 - 0.00380 (Current zone)
๐น Take Profit 1: 0.00393
๐น Take Profit 2: 0.00405
๐น Stop Loss: 0.00362
โ๏ธ Leverage: Keep it low, 3x-5x max.
$IOTX