IoTeX Awakening? (1D Chart Breakdown – Feb 27-28, 2026)
Binance Square crew, check this out! $IOTX is back in the green as a top Layer 1 / Layer 2 Gainer today. Price sitting at 0.005521 USDT (≈ Rs1.45), up +9.68% in 24h after blasting from low 0.004453 to high 0.005538.
Chart Highlights 🔥
Steady climb from consolidation zone ~0.0045 with building green candles.
Massive green push hitting new 24h high, slight pullback red candle, but closing strong near highs.
Volume explosion: 230.39M IOTX traded (≈1.14M USDT) – way above recent averages! MA(5) vol at 23.6M and MA(10) at 15.2M clearly showing real buying interest.
Pattern: Classic breakout from multi-day base. Holding above key levels with momentum.
Despite recent bridge exploit drama (team handling recovery, reimbursements pledged, malicious addresses frozen), this volume surge screams accumulation + recovery play. IoTeX is the blockchain for Real-World AI + DePIN – powering 40M+ devices, verified data for AI, IoT, robotics, energy, health. EVM-compatible L1 with Roll-DPoS, native $IOTX for staking, governance, fees, and incentives.
Short-term: Momentum strong. Next resistance ~0.0058–0.0060. If volume stays hot, easy 20-30% leg up possible in this alt rotation.
Longer-term: IoTeX bridges physical world + AI. If recovery news hits positive (partnerships, upgrades), this micro-cap gem could 5-10x in bull run.
My take: Dip buyers loading before next pump. Not financial advice – DYOR!
What about you? Buying $IOTX here or waiting for retest? Drop targets, entries, or thoughts below 👇 Let's discuss!
