#IOTA has gained positive momentum again after a long time, which is quite remarkable. The fact that a reliable trend indicator used by major investment firms gave a “BUY” signal on November 16 has further drawn investors’ attention.

During the 2021 bull market, this indicator’s signal helped #IOTA rise from $0.35 to $2.65, sparking speculation about how far this upward trend might go this time. However, the current market conditions, macroeconomic factors, and overall dynamics of the crypto market will determine the pace and extent of this rally.

It’s essential to closely monitor potential resistance and support levels. Additionally, it’s important to remember that signals like these can sometimes be misleading, as past performance is not a guarantee of future results. If you’re considering investing, prioritizing risk management and keeping a close watch on the market is crucial.

Do you think this signal is enough to spark a new rally for #IOTA ?