Hey Hive fam!
IoTeX ($IOTX) is pumping on Binance (IOTX/USDT)!
Current price, $0.005534
24h change, +11.72% (low $0.004469 high $0.005540)
24h volume, Strong 155.28M IOTX ($778K USDT) good inflow!
Chart shows breakout above EMAs with volume backing it. IOTX benefits from IoT/DePIN narrative (machine economy, decentralized devices), alt rotation, and trader momentum in a recovering market.
No huge news drop today, but technicals + sector interest are driving it.
What do you think?
Is IOTX set for more in the DePIN/IoT wave?
Or quick pump before retrace?
Holding IOTX?
Share your TA/thoughts below!
Disclaimer
This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are extremely volatile and risky. The author may hold positions in mentioned assets. Always conduct thorough research and never invest more than you can afford to lose.