IOTA is currently trading at approximately $0.3110, reflecting a 6.08% increase over the past 24 hours.

The price has rebounded from a recent low of $0.2799, reaching an intraday high of $0.3111.

This upward movement suggests a potential breakout above the $0.3020 resistance level.

If the momentum continues, IOTA may target higher levels.

However, if the price fails to sustain above $0.2950, it could lead to consolidation or a minor pullback. Trade Setup:

Entry Point: Around $0.3015

Targets:

Target 1: $0.3080

Target 2: $0.3150

Stop Loss: $0.2940 Traders should exercise caution near the $0.3020 resistance zone and manage risk appropriately, as increased volatility is possible around key levels.

Cryptocurrency markets are highly volatile.

Conduct thorough research and consider your risk tolerance before making any trading decisions.