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CScalp_EN
Mar 29, 2024 1:30 PM

LONG #IOTX Long

IoTeX / TetherUS PERPETUAL CONTRACTBinance

Description

LONG #IOTXUSDT from $0.08035

The instrument has formed a cascade of several resistance levels, behind each of which I expect to see the stops of the participants' shorts. Active compression in the triangle and local volume spikes indicate buyers pushing the price to update current highs.

To enter the deal, I expect to see the formation of consolidation and an increase in activity in the glass before the breakdown of each of the levels.
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