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$IOTX — BREAKING THE IOTEX CHAIN: INSTITUTIONAL ACCUMULATION DETECTED 💎
A seismic shift in orderflow points to imminent upside acceleration.
DIRECTION: LONG | TIMEFRAME: 4H ⏳
STRATEGIC ENTRY : $0.00535 – $0.00545 💎
GROWTH TARGETS : $0.00650, $0.00760, $0.00867 🏹
RISK MANAGEMENT : $0.00510 🛡️
INVALIDATION : $0.00510 🚫
RR RATIO : 3.75 📊
* DEMAND CLIMBING AS LIQUIDITY POOLS ARE SWEPT.
* ORDERFLOW SHOWS AGGRESSIVE INSTITUTIONAL ACCUMULATION AT KEY LEVELS.
* SUPPORT ZONES ARE FIRMLY DEFENDED, SIGNALING A SHIFT IN MARKET CONTROL.
State your targets below. Let the smart money flow. 👇
Follow for institutional-grade Binance updates. Early moves only.
Disclaimer: Digital assets are volatile. Risk capital only. DYOR.
#Binance $IOTX #IoTeX
A seismic shift in orderflow points to imminent upside acceleration.
DIRECTION: LONG | TIMEFRAME: 4H ⏳
STRATEGIC ENTRY : $0.00535 – $0.00545 💎
GROWTH TARGETS : $0.00650, $0.00760, $0.00867 🏹
RISK MANAGEMENT : $0.00510 🛡️
INVALIDATION : $0.00510 🚫
RR RATIO : 3.75 📊
* DEMAND CLIMBING AS LIQUIDITY POOLS ARE SWEPT.
* ORDERFLOW SHOWS AGGRESSIVE INSTITUTIONAL ACCUMULATION AT KEY LEVELS.
* SUPPORT ZONES ARE FIRMLY DEFENDED, SIGNALING A SHIFT IN MARKET CONTROL.
State your targets below. Let the smart money flow. 👇
Follow for institutional-grade Binance updates. Early moves only.
Disclaimer: Digital assets are volatile. Risk capital only. DYOR.
#Binance $IOTX #IoTeX
📣 2026.3.9 #IoTeX Weekly Report 📣
1️⃣ CoinTrade launched staking service $IOTX — this is the first regulated IOTX staking service in the Japanese market.
2️⃣ IIP-56 voting has commenced, proposing to abandon CIOTX throughout the network and protect the interests of legitimate holders through a structured exit mechanism.
3️⃣ IoTeX's cryptography lead Xinxin Fan published an article in <a>Forbes Technology Council</a>, discussing how to audit traditional cryptographic technologies like RSA and ECC in preparation for the post-quantum era.
4️⃣ ioTube launched a claims portal to fully compensate users affected by cross-chain bridge incidents.
5️⃣ ioPay v5.2 launched, featuring built-in prediction markets and optimized UI/UX user experience.
6️⃣ IoTeX L1 staking rate 39.51%.
7️⃣ #ioID has integrated 28 projects with a total of 99771 devices.
1️⃣ CoinTrade launched staking service $IOTX — this is the first regulated IOTX staking service in the Japanese market.
2️⃣ IIP-56 voting has commenced, proposing to abandon CIOTX throughout the network and protect the interests of legitimate holders through a structured exit mechanism.
3️⃣ IoTeX's cryptography lead Xinxin Fan published an article in <a>Forbes Technology Council</a>, discussing how to audit traditional cryptographic technologies like RSA and ECC in preparation for the post-quantum era.
4️⃣ ioTube launched a claims portal to fully compensate users affected by cross-chain bridge incidents.
5️⃣ ioPay v5.2 launched, featuring built-in prediction markets and optimized UI/UX user experience.
6️⃣ IoTeX L1 staking rate 39.51%.
7️⃣ #ioID has integrated 28 projects with a total of 99771 devices.
Today the community had a wonderful discussion on #w3bstream . Summarizing the views is very helpful in understanding #w3bstream .
1️⃣ Question: Why does the #depin device need to be connected to w3bstream? What is the purpose of access?
Answer: w3bstream is a decentralized off-chain computing protocol that integrates zk. Help depin devices calculate, process, and store data, generate trustworthy certificates on the chain, and protect data privacy.
Without w3bstream, the device data processing of the depin project is processed and stored in a single centralized system. There is a risk of data tampering and it is difficult to protect data privacy.
2️⃣ Question: Why launch w3bstream? And its strategic purpose?
Answer: w3bstream can be regarded as an independent project and can issue coins independently, but it does not do this. It uses a rigid requirement to pledge $IOTX and involves iotx in the integrated depin project.
Each chain has projects that it wants to depin, or in other words, each depin project will choose a popular public chain, not necessarily the #iotex public chain. At this time, you can use the w3bstream protocol, so you need to pledge iotx and use iotx tokens in disguise.
1️⃣ Question: Why does the #depin device need to be connected to w3bstream? What is the purpose of access?
Answer: w3bstream is a decentralized off-chain computing protocol that integrates zk. Help depin devices calculate, process, and store data, generate trustworthy certificates on the chain, and protect data privacy.
Without w3bstream, the device data processing of the depin project is processed and stored in a single centralized system. There is a risk of data tampering and it is difficult to protect data privacy.
2️⃣ Question: Why launch w3bstream? And its strategic purpose?
Answer: w3bstream can be regarded as an independent project and can issue coins independently, but it does not do this. It uses a rigid requirement to pledge $IOTX and involves iotx in the integrated depin project.
Each chain has projects that it wants to depin, or in other words, each depin project will choose a popular public chain, not necessarily the #iotex public chain. At this time, you can use the w3bstream protocol, so you need to pledge iotx and use iotx tokens in disguise.
🔥 🚀 $IOTX : The Hidden Engine Behind the Future of Smart Devices? 🤖💥
The crypto world chases hype, but $IOTX is quietly building something far deeper — a real link between machines, data, and trust. Imagine every smart car, camera, or sensor talking securely on blockchain. That’s IoTeX’s vision: giving devices their own verified identity so data can’t be faked.
Right now, price hovers near $0.012, looking weak on charts — yet fundamentals tell another story. The project’s AI + IoT “Real-World Data” push could make it the backbone of decentralized automation. If adoption rises, the Burn-Drop mechanism may reduce supply and pressure price upward.
Skeptics see it as another altcoin. Visionaries see the infrastructure for the machine economy. The question isn’t whether devices will connect — it’s who they’ll trust when they do.
#IoTeX #IOTX #AI #Blockchain #Crypto
The crypto world chases hype, but $IOTX is quietly building something far deeper — a real link between machines, data, and trust. Imagine every smart car, camera, or sensor talking securely on blockchain. That’s IoTeX’s vision: giving devices their own verified identity so data can’t be faked.
Right now, price hovers near $0.012, looking weak on charts — yet fundamentals tell another story. The project’s AI + IoT “Real-World Data” push could make it the backbone of decentralized automation. If adoption rises, the Burn-Drop mechanism may reduce supply and pressure price upward.
Skeptics see it as another altcoin. Visionaries see the infrastructure for the machine economy. The question isn’t whether devices will connect — it’s who they’ll trust when they do.
#IoTeX #IOTX #AI #Blockchain #Crypto
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The on-chain daily active addresses of #iotex are about to exceed 10K. Historically, every time the daily active addresses of $IOTX have surged significantly, there has been a relatively large market movement. 🚀
Recent catalyst events:
1️⃣ IoTeX will allocate 100 million IOTX tokens to incentivize users to participate in the on-chain ecosystem.
2️⃣ #ioID, the first decentralized identity, is about to launch.
3️⃣ #w3bstream, the first #depin off-chain computing protocol, is about to go live on the mainnet.
So will this time be different? 🤔
Recent catalyst events:
1️⃣ IoTeX will allocate 100 million IOTX tokens to incentivize users to participate in the on-chain ecosystem.
2️⃣ #ioID, the first decentralized identity, is about to launch.
3️⃣ #w3bstream, the first #depin off-chain computing protocol, is about to go live on the mainnet.
So will this time be different? 🤔
gm☕️
#depin The most well-known data flow service provider in the field #streamr The proposal to integrate #iotex has been passed. 🎉
As we all know, DePIN faces problems such as node fraud and data tampering, making it difficult to regain the trust of investors. This integration will directly combine with #ioID (decentralized identity) and #w3bstream (off-chain computing) to make DePIN further decentralized and verifiable. 🐐
$IOTX
#depin The most well-known data flow service provider in the field #streamr The proposal to integrate #iotex has been passed. 🎉
As we all know, DePIN faces problems such as node fraud and data tampering, making it difficult to regain the trust of investors. This integration will directly combine with #ioID (decentralized identity) and #w3bstream (off-chain computing) to make DePIN further decentralized and verifiable. 🐐
$IOTX
IoTeX is #depin modular infrastructure, reason 👇
1️⃣ #iotex is a high-speed, low-gas public chain compatible with evm
2️⃣ Off-chain computing middleware built for the DePIN project to verify and process device data #w3bsteam
3️⃣ Open source hardware kit with SDK and API, which allows hardware to interact directly with smart contracts without relying on third parties.
$IOTX 🐐
1️⃣ #iotex is a high-speed, low-gas public chain compatible with evm
2️⃣ Off-chain computing middleware built for the DePIN project to verify and process device data #w3bsteam
3️⃣ Open source hardware kit with SDK and API, which allows hardware to interact directly with smart contracts without relying on third parties.
$IOTX 🐐
🔥 IoTeX (IOTX) — is a blockchain for smart devices and the Internet of Things (IoT).
It helps connect gadgets, people, and applications, while users maintain control over their data.
🔑 Key Features:
fast and secure blockchain
IOTX can be staked and used for governance
there are already real products (Ucam camera, Pebble tracker)
IoTeX builds a bridge between IoT and Web3 🌐
Do you think such projects have a future?
#IOTX #IoTeX $IOTX
It helps connect gadgets, people, and applications, while users maintain control over their data.
🔑 Key Features:
fast and secure blockchain
IOTX can be staked and used for governance
there are already real products (Ucam camera, Pebble tracker)
IoTeX builds a bridge between IoT and Web3 🌐
Do you think such projects have a future?
#IOTX #IoTeX $IOTX
A decentralized blockchain platform - IOTEX
IoTeX is a decentralized blockchain platform that seeks to establish and develop interaction between humans and machines. The IoTeX blockchain was developed from scratch in 2017 and released for public use in 2019. IoTeX is positioned as a decentralized alternative to the centralized intermediaries between humans and devices. Based on the Internet of Things (IoT), IoTeX is managed by a team of expert professionals with executive experience at the likes of Google, Facebook, Uber, and Polychain Capital. On IoTeX network cameras, sensors, and other IoT devices, users are able to connect to decentralized applications (dApps) in order to communicate and exchange different forms of value.
IoTeX is powered by its network cryptocurrency, IOTX, an ERC20-based utility coin. IOTX is used in network staking, under an in-house consensus mechanism known as randomized delegated proof-of-stake (Roll-DPoS). 24 of the top 36 selected validators are chosen every hour to create blocks on the network. IOTX is also used in voting, which yields annual rewards for participating token holders after being staked at 1:1 per submitted vote. #IoTeX $IOTX
IoTeX is a decentralized blockchain platform that seeks to establish and develop interaction between humans and machines. The IoTeX blockchain was developed from scratch in 2017 and released for public use in 2019. IoTeX is positioned as a decentralized alternative to the centralized intermediaries between humans and devices. Based on the Internet of Things (IoT), IoTeX is managed by a team of expert professionals with executive experience at the likes of Google, Facebook, Uber, and Polychain Capital. On IoTeX network cameras, sensors, and other IoT devices, users are able to connect to decentralized applications (dApps) in order to communicate and exchange different forms of value.
IoTeX is powered by its network cryptocurrency, IOTX, an ERC20-based utility coin. IOTX is used in network staking, under an in-house consensus mechanism known as randomized delegated proof-of-stake (Roll-DPoS). 24 of the top 36 selected validators are chosen every hour to create blocks on the network. IOTX is also used in voting, which yields annual rewards for participating token holders after being staked at 1:1 per submitted vote. #IoTeX $IOTX
$IOTX
🚀 IOTX is Lighting Up the Charts – and for Good Reason! 🌐📡
IoTeX, the powerhouse behind secure machine-to-blockchain communication, is gaining serious momentum. As the native token of a network built to bridge real-world data with blockchain through the Internet of Things (IoT), $IOTX is riding a wave of rising interest. 📈
With a focus on trust, transparency, and real-world utility, IoTeX is emerging as a key player in the future of decentralized data. The recent price surge reflects growing confidence in its ability to connect billions of devices securely — and reshape how we interact with the digital world. 🔐📲
FOLLOW me 👈🏻 🥺
#IoTeX #IOTX #BlockchainOfThings #Web3 #IoT
🚀 IOTX is Lighting Up the Charts – and for Good Reason! 🌐📡
IoTeX, the powerhouse behind secure machine-to-blockchain communication, is gaining serious momentum. As the native token of a network built to bridge real-world data with blockchain through the Internet of Things (IoT), $IOTX is riding a wave of rising interest. 📈
With a focus on trust, transparency, and real-world utility, IoTeX is emerging as a key player in the future of decentralized data. The recent price surge reflects growing confidence in its ability to connect billions of devices securely — and reshape how we interact with the digital world. 🔐📲
FOLLOW me 👈🏻 🥺
#IoTeX #IOTX #BlockchainOfThings #Web3 #IoT
📣 2025.6.16 #DePIN Track Insights (#IoTeX Ecological Weekly Report)📣
1️⃣ IoTeX co-founder JING will participate in the Permissionless 2025 event to share IoTeX's vision for "Smart Real World".
2️⃣ The IoTeX L1 mainnet is about to undergo a v2.2.0 upgrade, with highlights including a reduction in block generation time from 5 seconds to 2.5 seconds and the launch of the system staking contract V3.
3️⃣ IoTeX dev lead Simone will share IoTeX's modular DePIN architecture and the Quicksilver project at the IEEE DePIN seminar.
4️⃣ IoTeX (IOTX) has achieved over 140,000 cross-chain interactions across the network.
5️⃣ DePINscan statistics show that nearly 10M devices have integrated w3bstream.
6️⃣ Since upgrading to EIP—1559, IoTeX L1 has generated nearly 2.8M IOTX in revenue.
7️⃣ #ioID has integrated 20 projects with a total of 11,920 devices activated, accumulating a revenue of 1,191,500 IOTX $IOTX
1️⃣ IoTeX co-founder JING will participate in the Permissionless 2025 event to share IoTeX's vision for "Smart Real World".
2️⃣ The IoTeX L1 mainnet is about to undergo a v2.2.0 upgrade, with highlights including a reduction in block generation time from 5 seconds to 2.5 seconds and the launch of the system staking contract V3.
3️⃣ IoTeX dev lead Simone will share IoTeX's modular DePIN architecture and the Quicksilver project at the IEEE DePIN seminar.
4️⃣ IoTeX (IOTX) has achieved over 140,000 cross-chain interactions across the network.
5️⃣ DePINscan statistics show that nearly 10M devices have integrated w3bstream.
6️⃣ Since upgrading to EIP—1559, IoTeX L1 has generated nearly 2.8M IOTX in revenue.
7️⃣ #ioID has integrated 20 projects with a total of 11,920 devices activated, accumulating a revenue of 1,191,500 IOTX $IOTX
📣 2023.12.18 #depin Track Insight (Weekly Report) 📣
1️⃣ #iotex and Future MoneyGroup launch $5 million DePIN accelerator to cultivate DePIN, AI and real-world Web3 startups.
2️⃣ DIMO has reached a cooperation with CosmosIoT, an Internet of Things solution company, to provide hardware sales services to Dutch users.
3️⃣ Helium has now become the highest-grossing project on the Solana network.
4️⃣ Solana Pay now supports users to purchase Hivemapper driving recorders.
5️⃣ GEODNET has reached a cooperation with Deep Sand Technology to provide affordable precision agriculture RTK services to rural areas in North America.
6️⃣ Hotspotty launches DePIN Hub to provide users with various indicators of the DePIN project, research articles and other information.
$IOTX
1️⃣ #iotex and Future MoneyGroup launch $5 million DePIN accelerator to cultivate DePIN, AI and real-world Web3 startups.
2️⃣ DIMO has reached a cooperation with CosmosIoT, an Internet of Things solution company, to provide hardware sales services to Dutch users.
3️⃣ Helium has now become the highest-grossing project on the Solana network.
4️⃣ Solana Pay now supports users to purchase Hivemapper driving recorders.
5️⃣ GEODNET has reached a cooperation with Deep Sand Technology to provide affordable precision agriculture RTK services to rural areas in North America.
6️⃣ Hotspotty launches DePIN Hub to provide users with various indicators of the DePIN project, research articles and other information.
$IOTX
#iotex The first #LSD protocol on the chain has been launched, and this protocol has passed the audit. Guide 👇
1️⃣Staking $IOTX tokens to Bedrock will result in approximately 9% annualized income (IOTX token issuance), but 10% of the income will be charged as a handling fee.
2️⃣After staking, you will get nearly 1:1 uniIOTX token. This token can participate in defi on the #iotex chain in the future and get secondary benefits. (Currently, the defi protocol does not support uniIOTX).
Participation link: https://app.bedrock.technology/uniiotx
1️⃣Staking $IOTX tokens to Bedrock will result in approximately 9% annualized income (IOTX token issuance), but 10% of the income will be charged as a handling fee.
2️⃣After staking, you will get nearly 1:1 uniIOTX token. This token can participate in defi on the #iotex chain in the future and get secondary benefits. (Currently, the defi protocol does not support uniIOTX).
Participation link: https://app.bedrock.technology/uniiotx
📣 2025.6.30 #DePIN Track Insights ( #IoTeX Eco Weekly Report)📣
1️⃣ IoTeX co-founder JING was invited to participate in the Permissionless DePIN × AI roundtable forum and disclosed for the first time the new narrative direction that IoTeX is advancing — "Physical Intelligence".
2️⃣ The first season of the crypto reality show CGT is coming to an end, with a total of 60 project applications received, and 11 projects ultimately stood out and advanced to the semifinals.
3️⃣ enviroBLOQ has distributed nearly 2.8M IOTX tokens as rewards to data providers.
4️⃣ Drop Wireless has 1,362 devices providing decentralized communication services across 14 countries/regions worldwide.
5️⃣ Since the upgrade to EIP-1559, IoTeX has generated 2.93M IOTX tokens in base fee revenue.
6️⃣ DePINscan has integrated over 41M devices.
7️⃣ #ioID has integrated 20 projects with a total of 11,934 devices activated, generating cumulative revenue of 1,192,900 tokens $IOTX
1️⃣ IoTeX co-founder JING was invited to participate in the Permissionless DePIN × AI roundtable forum and disclosed for the first time the new narrative direction that IoTeX is advancing — "Physical Intelligence".
2️⃣ The first season of the crypto reality show CGT is coming to an end, with a total of 60 project applications received, and 11 projects ultimately stood out and advanced to the semifinals.
3️⃣ enviroBLOQ has distributed nearly 2.8M IOTX tokens as rewards to data providers.
4️⃣ Drop Wireless has 1,362 devices providing decentralized communication services across 14 countries/regions worldwide.
5️⃣ Since the upgrade to EIP-1559, IoTeX has generated 2.93M IOTX tokens in base fee revenue.
6️⃣ DePINscan has integrated over 41M devices.
7️⃣ #ioID has integrated 20 projects with a total of 11,934 devices activated, generating cumulative revenue of 1,192,900 tokens $IOTX
📣 2025.3.10 #DePIN Track Insights (#IoTeX Ecological Weekly Report) 📣
1️⃣ Inferix GPU officially launches the second phase of its testnet, with staking offering a maximum return on investment of 350%.
2️⃣ Functionland is a decentralized cloud storage project that will launch its TGE on the IoTeX chain and go live on MEXC.
3️⃣ GameFantasy opens a new game StarSurvivor for internal testing on iOS.
4️⃣ Nubila Network and Theta Network have reached a partnership to integrate EdgeCloud for faster and smarter AI model training.
5️⃣ The Qualoo network has 10,440 devices on the chain.
6️⃣ Xtella.AI's trading volume on the IoTeX chain is nearly 2 million IOTX.
7️⃣ #ioID has 18 projects integrated, activating a total of 11,365 devices and accumulating revenue of 1,136,000 pieces $IOTX .
1️⃣ Inferix GPU officially launches the second phase of its testnet, with staking offering a maximum return on investment of 350%.
2️⃣ Functionland is a decentralized cloud storage project that will launch its TGE on the IoTeX chain and go live on MEXC.
3️⃣ GameFantasy opens a new game StarSurvivor for internal testing on iOS.
4️⃣ Nubila Network and Theta Network have reached a partnership to integrate EdgeCloud for faster and smarter AI model training.
5️⃣ The Qualoo network has 10,440 devices on the chain.
6️⃣ Xtella.AI's trading volume on the IoTeX chain is nearly 2 million IOTX.
7️⃣ #ioID has 18 projects integrated, activating a total of 11,365 devices and accumulating revenue of 1,136,000 pieces $IOTX .
📣 2025.8.25 #DePIN Track Insights ( #IoTeX Ecosystem Weekly Report) 📣
1️⃣ #IoTeX launched FUTU, becoming one of the 19 digital assets available for trading by FUTU professional investors.
2️⃣ The IoTeX community has accumulated votes of 200 million $IOTX this year, indicating that the community's high participation in network governance makes it one of the industry's most decentralized networks.
3️⃣ The IoTeX network has already staked $IOTX worth 75 million USD.
4️⃣ CirluckX and IoTeX have reached a partnership to promote the accessibility of Web3 smart terminals.
5️⃣ IoTeX teamed up with 0G Labs to launch the second season of CGT, helping startups gain expert guidance and funding.
6️⃣ XPIN Network is about to distribute XPIN token airdrops to the IoTeX community.
7️⃣ Quicksilver Pre-Alpha version request volume increased by 265%, laying a solid foundation for the launch of Quicksilver Alpha with core clients in September.
8️⃣ #ioID has integrated 21 projects with a total of 12086 devices activated, generating cumulative revenue of 1,208,100 $IOTX .
1️⃣ #IoTeX launched FUTU, becoming one of the 19 digital assets available for trading by FUTU professional investors.
2️⃣ The IoTeX community has accumulated votes of 200 million $IOTX this year, indicating that the community's high participation in network governance makes it one of the industry's most decentralized networks.
3️⃣ The IoTeX network has already staked $IOTX worth 75 million USD.
4️⃣ CirluckX and IoTeX have reached a partnership to promote the accessibility of Web3 smart terminals.
5️⃣ IoTeX teamed up with 0G Labs to launch the second season of CGT, helping startups gain expert guidance and funding.
6️⃣ XPIN Network is about to distribute XPIN token airdrops to the IoTeX community.
7️⃣ Quicksilver Pre-Alpha version request volume increased by 265%, laying a solid foundation for the launch of Quicksilver Alpha with core clients in September.
8️⃣ #ioID has integrated 21 projects with a total of 12086 devices activated, generating cumulative revenue of 1,208,100 $IOTX .
$IOTX
Eliza Labs has reached a strategic partnership with IoTeX to integrate IoTeX's modular DePIN infrastructure with ElizaOS, enabling AI agents to leverage real-time data and services from the DePIN network and control physical devices in a decentralized environment. This collaboration will create a 'nervous system' for AI agents through the DePIN network, equipping them with perception, thinking, and execution capabilities. Specifically, IoTeX's DePIN network includes Nubila weather stations, GeodNet geographical sensor networks, and Pebble Tracker hardware devices, which will be integrated with ElizaOS to provide AI agents with real-time perception and decision-making abilities.
Additionally, the two parties have launched the first DePIN-aware AI agent, Bino AI, which demonstrates its perception and interaction capabilities through real-time data streams and device control. This collaboration will promote the development of smart cities, the Internet of Things, and robotics.
#iotx
#iotex
Eliza Labs has reached a strategic partnership with IoTeX to integrate IoTeX's modular DePIN infrastructure with ElizaOS, enabling AI agents to leverage real-time data and services from the DePIN network and control physical devices in a decentralized environment. This collaboration will create a 'nervous system' for AI agents through the DePIN network, equipping them with perception, thinking, and execution capabilities. Specifically, IoTeX's DePIN network includes Nubila weather stations, GeodNet geographical sensor networks, and Pebble Tracker hardware devices, which will be integrated with ElizaOS to provide AI agents with real-time perception and decision-making abilities.
Additionally, the two parties have launched the first DePIN-aware AI agent, Bino AI, which demonstrates its perception and interaction capabilities through real-time data streams and device control. This collaboration will promote the development of smart cities, the Internet of Things, and robotics.
#iotx
#iotex
$IOTX / USDT Showing Downward Pressure on Binance 📉
IoTeX ( $IOTX ) is currently trading at $0.01774 on Binance, down by 1.00% on the 4-hour chart and 5.24% overall.
The 4-hour chart indicates a bearish trend following a recent high of $0.01911 (the 24-hour high). The price has been making lower highs and is currently trading just above the 24-hour low of $0.01702.
The immediate support level to watch is the 24-hour low. A break below this could lead to further downside. On the upside, resistance is likely around the $0.0180 and $0.0185 levels. A sustained move above these could signal a potential short-term recovery.
Key Levels to Watch:
Potential Support: $0.01702
Potential Resistance: $0.0180, $0.0185, $0.0190
Traders should exercise caution and monitor volume for confirmation of any potential breakouts or breakdowns. The current trend suggests continued bearish pressure in the short term.
#IOTX #IoTeX #Layer1 #Trading #Bearish
IoTeX ( $IOTX ) is currently trading at $0.01774 on Binance, down by 1.00% on the 4-hour chart and 5.24% overall.
The 4-hour chart indicates a bearish trend following a recent high of $0.01911 (the 24-hour high). The price has been making lower highs and is currently trading just above the 24-hour low of $0.01702.
The immediate support level to watch is the 24-hour low. A break below this could lead to further downside. On the upside, resistance is likely around the $0.0180 and $0.0185 levels. A sustained move above these could signal a potential short-term recovery.
Key Levels to Watch:
Potential Support: $0.01702
Potential Resistance: $0.0180, $0.0185, $0.0190
Traders should exercise caution and monitor volume for confirmation of any potential breakouts or breakdowns. The current trend suggests continued bearish pressure in the short term.
#IOTX #IoTeX #Layer1 #Trading #Bearish
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