$IOTA
/USDT Technical Analysis 🎯
Current Price: $0.3629 (+8.75%)
Key Targets:
1️⃣ $0.3650 – Immediate resistance. If broken, IOTA could see further bullish momentum. Watch this level closely as the next breakout zone!
2️⃣ $0.3750 – Mid-term target. A strong push above $0.3650 could lead to this level, signaling continued buyer strength.
3️⃣ $0.4000 – Long-term bullish target. Achieving this level would solidify IOTA’s upward trend, drawing significant market attention.
Support Levels:
🔸 $0.3500 – Crucial support to prevent a bearish reversal.
🔸 $0.3272 – 24h low; a break below could indicate a deeper correction.
Indicators:
Volume remains strong with 24h trading at 83.19M IOTA.
RSI signals potential overbought conditions but maintains upward momentum.
Outlook: IOTA’s current trend suggests bullish opportunities, but traders should monitor the $0.3650 resistance closely. A break above this could confirm a move to higher targets, while failure might test the support levels.
What’s your take? Will IOTA hit its $0.4000 target soon? Share your thoughts below!