Selling was stopped at $0.07, which is the strong support of IOTX at the moment. If it doesn't lose this $0.07 zone, in the next few days IOTX will rally back to the $0.10 and $0.14 zones. But if it loses $0.07 zone then at least it will fall to $0.055 zone

📈RED PLAN
🔴Buy : 0.068-0.072$. SL if B 🔴Buy : 0.0975-0.1025$ if A. SL if B
📉BLUE PLAN
🔴Sell : 0.0975-0.1025$. SL if A 🔴Sell : 0.137-0.143$. SL if A
🟣PURPLE PLAN
🔵Sell : 0.068-0.072$ if B. SL if A 🔵Buy : 0.0535-0.0565$ if A. SL if B
❓Details
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone

  • IoTeX's mission is to be a privacy-centric blockchain managing the entire information lifecycle of an Internet of Things (IOT) network, including data collection, transport, storage, and utilization.
  • IoTeX uses a Roll-Delegated-Proof-of-Stake ("Roll-DPoS") consensus mechanism to deliver "higher scalability with instant finality, without sacrificing decentralization or security".
  • IoTeX distinguishes itself with three main functionalities and service offerings:
    • Layer 2 chain as a service: as layer 2 chains share the same pool of delegate resources, it becomes straightforward to create a subchain as, for example, an EC2 instance on AWS Cloud.
    • Edge trusted computing: it will enable the “sharing economy for trust computing and unlock many interesting trust and privacy-centric dApps".
    • Cross-network interoperability with other blockchains, as well as layer-2 IoTeX chains, is supported.
  • IOTX is the native asset of the IoTeX network. Respective use-cases include: (1) decentralized governance, (2) gas fees, and (3) staking for Layer-2 chains.