$IOTX /USDT Market Analysis
IoTeX (#IOTX ) is showing steady momentum, currently trading at 0.02788 USDT (≈ Rs7.9), up +1.23% in the last 24 hours. The coin touched a high of 0.02812 USDT and a low of 0.02730 USDT, with strong activity reflected in the 24h trading volume of 39.78M IOTX (≈1.10M USDT). This positive movement aligns with IoTeX’s growing adoption in powering the Internet of Things (IoT) and supporting DePIN projects, making it an attractive asset for both technology-focused investors and short-term traders.
From a technical perspective, IOTX has recently broken out of a symmetrical triangle pattern on TradingView, a bullish signal suggesting potential upside continuation. If the price successfully retests and holds above the breakout zone, traders could see further rallies toward the 0.029–0.030 USDT resistance area. For intraday strategies, watch the 0.02730 USDT support as a critical stop-loss level, while swing traders may aim for higher targets by riding the breakout momentum. The combination of technical breakout and strong fundamentals positions IOTX as a promising gainer for traders seeking calculated profits.
