Technical analysis by AltcoinPiooners about Symbol IOTX: Buy recommendation (9/5/2025)

IOTXUSDT Unlock Profit Potential: I IOTX Trading Signal with Clear Targets! Detailed Description of the Signal: Entry (ENTRY): Price level: 1 0.02580 0.02570 USDT This is the point where a trader is recommended to enter a long position. Take Profit Levels (TP): TP1: 0.786 (0.02717 USDT) TP2: 0.618 (0.02820 USDT) TP3: 0.5 (0.02893 USDT) TP4: 0 (0.03201 USDT) These levels represent potential profit targets, with TP4 being the highest target, indicating a full position exit or maximum profit point. Dollar-Cost Averaging (DCA): Price level: 1.135 (0.02502 USDT) This suggests an additional entry point to average the cost if the price moves against the initial entry. Stop Loss (SL): Price level: 1.272 (0.02417 USDT) This is the level where the trade should be closed to limit losses if the price moves unfavorably. Chart Analysis: The chart shows a recent sharp upward movement in price, followed by a consolidation phase. The signal appears to be based on a potential continuation or reversal pattern. Horizontal lines on the chart mark the key levels (ENTRY, TP1-TP4, DCA, SL), with the ENTRY level aligning near a recent support or breakout point. The RSI at the bottom indicates momentum, with the index recently dropping from overbought territory (above 70) to around 19.44, suggesting a potential oversold condition that might support a bullish reversal.