IOTX at Critical Demand – Breakout or Final Flush?

Wait 5 sec.

IOTX at Critical Demand – Breakout or Final Flush?IoTeX / TetherUSBINANCE:IOTXUSDTMyCryptoParadiseYello Paradisers, are we about to witness a powerful reversal from this demand zone, or is one final shakeout coming before the real move begins? 💎#IOTXUSDT is trading inside a well-defined descending channel, printing consistent lower highs and lower lows. This confirms a corrective structure, not a bullish trend. However, price has now reached a strong demand zone around $0.0040– $0.0042, and we are seeing an initial reaction from this area. 💎Momentum is shifting. The MACD shows early signs of bullish divergence, signaling weakening selling pressure. Still, there is no confirmed bullish crossover yet. Acting before confirmation is where most traders get trapped. 💎The key trigger is a clean breakout above the descending channel resistance. If price breaks out and successfully retests that level as support, structure shifts bullish. In that case, the next major resistance sits at $0.0104–$0.0108, where strong supply previously entered. 💎Invalidation remains below $0.0025. A breakdown there would cancel the bullish scenario and open the door for further downside. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴