$IOTA /USDT Technical Analysis & Trade Signal:
Current Price: $0.3432 (+14.78% 24h change)
Key Indicators:
24h High: $0.3517
24h Low: $0.2913
SAR: 0.3116 (suggesting potential for an uptrend continuation)
Support Level: $0.3294
Resistance Level: $0.3553
Momentum:
The price is in a strong bullish trend, as indicated by the positive 14.78% gain over the past 24 hours.
MACD and RSI (relative strength index) are showing bullish momentum, supporting the possibility of further upward movement.
Trade Signal:
Entry Point: Buy at $0.3432 or higher if the price stays above the SAR level of $0.3116.
Target Levels:
1. First Target: $0.3517 (24h high)
2. Second Target: $0.3600 (near next resistance level)
3. Third Target: $0.3750 (strong resistance zone)
Stop Loss: Below $0.3116 to avoid a larger downtrend.
Trade Momentum: Bullish momentum is strong, and as long as the price stays above the support levels, the trend should remain upward.
This analysis suggests a long position with cautious monitoring for any retracements.
#MicroStrategyInNasdaq100 #BTCNextMove #GrayscaleHorizenTrust #BinanceAlphaAlert
