$IOTX $IOTX Here's a professional analysis of the $IOTX /USDT chart:
### Support and Resistance Levels
- **Support Levels:** $0.03850, $0.03769
- **Resistance Levels:** $0.04105, $0.04387
### Entry Signal
- **Entry Zone:** Consider buying if the price approaches $0.03850 or breaks above $0.04105.
### Stop Loss and Take Profit Levels
- **Stop Loss:** Set below $0.03769 to manage risk.
- **Take Profit:** Target levels at $0.04105 and $0.04387 to secure gains.
### Trading Strategy
- **Direction:** Long
- **Reasoning:** The IOTX/USDT pair is showing a potential bullish trend with key levels identified for entries and exits.
### Additional Tips
- **Volume:** Monitor trading volume to confirm the strength of the trend.
- **Technical Indicators:** Use indicators like RSI and MACD for additional confirmation.
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