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# 🚀 $IOTX Long Position
Direction: Going long on $IOTX, continuing the trend of controlled ascent
Core Logic:
- +6.19% increase indicates stable capital participation, representing a healthy controlled rise
- Buyers actively intervene during declines, with strong support, effectively digesting selling pressure
- After holding key levels, expanding volume will drive the price to continue upward
Key Observations:
- Breakout Confirmation: Volume breakout above 0.0048
- Volume Requirement: Continuous expansion of trading volume
- Support Signal: Active buying during pullbacks, no deep retracement
Support Zone: 0.00430 – 0.00405
Trading Strategy:
- Entry: 0.00446
- Target: 0.0050 → 0.0056
- Stop Loss: 0.00405