$IOTA

/USDT Technical Analysis & Trade Signals

Current Price: $0.4877

Momentum: Strong bullish momentum (+49.97% in 24h)

Key Levels

1. Resistance Levels (Targets 🎯):

🎯 Target 1: $0.5210 (recent 24h high)

🎯 Target 2: $0.5500 (psychological resistance & Fibonacci extension)

🎯 Target 3: $0.6000 (next major resistance zone)

2. Support Levels:

Support 1: $0.4400 (near breakout level)

Support 2: $0.4000 (strong psychological support)

Trade Signals

Buy Signal: Enter on dips near $0.4400 or $0.4500 with tight stop-loss at $0.4000.

Momentum Confirmation: Sustained price action above $0.5000 with volume surge could trigger a breakout.

Sell Signal: Partial take-profit near $0.5210 and $0.5500. Consider trailing stop-loss to secure gains.

Indicators

RSI: Overbought (watch for retracements).

Moving Averages: Short-term MA trending above long-term MA (bullish crossover).

#Share1BNBDaily #XRPTrends #XRPReclaimsTop3 #ETHOnTheRise #MicrosoftBTCInvestmentVote