$IOTX — hard dump, liquidation wick to 0.00463, then it starts breathing again around 0.00491. This is the exact zone where the chart decides: bounce-and-reclaim or grind lower.

Key levels (from your chart)

24h High zone: 0.00543–0.00544

Current: 0.00491

Flush low wick: 0.00463

Mid resistance: 0.00495 / 0.00512

Upper resistance: 0.00530

Setup A (Wick-reversal play) — LONG

EP: 0.00485 – 0.00493

SL: 0.00458 (below the wick base / invalidation)

TP1: 0.00495

TP2: 0.00512

TP3: 0.00530

TP4: 0.00544

TP5: 0.00549

Trigger: hold above 0.00477 and start reclaiming 0.00495 with momentum.

Setup B (Failed rebound) — SHORT

EP: 0.00476 – 0.00468 (only if price loses the base and can’t reclaim)

SL: 0.00498

TP1: 0.00463

TP2: 0.00458

TP3: 0.00446 (extension if weakness continues)

Trigger: breakdown below 0.00477, then a bounce that gets rejected under 0.00495.

Battle plan (no guessing):

Above 0.00495 = bulls are rebuilding the structure → targets open to 0.00512 / 0.00530.

Below 0.00477 = you’re back in the danger lane → retest 0.00463 becomes likely.

After TP1, protect it: move SL to EP or take partials—this pair is wicky.

If you want a single clean post (only LONG or only SHORT), tell me spot or futures and I’ll lock the best one.