$IOTA
/USDT Technical Analysis and Trade Signals
Current Momentum: Bullish
Price: $0.5092 (+45.20%)
Trend: Strong upward momentum with increased volume, indicating a potential continuation of the rally.
Support Levels:
1. $0.4680
2. $0.4146
Resistance Levels:
1. $0.5142 (24h high)
2. $0.5215 (key breakout level)
Trade Signals:
1. Buy Signal: If price consolidates above $0.5000 with strong volume, consider entry for breakout potential.
2. Stop Loss: Below $0.4680 to manage downside risk.
Targets 🎯:
1. $0.5300 (short-term breakout target)
2. $0.5750 (mid-term)
3. $0.6200 (long-term if bullish momentum sustains)
