$IOTA /USDT Surge: Momentum Builds for the Next Breakout
$IOTA /USDT is showcasing remarkable growth, currently trading at 0.5122, with an impressive 56.06% increase over the last 24 hours. The 15-minute chart indicates strong bullish momentum, with a critical resistance at 0.5338 and key support established at 0.4825. This setup creates an excellent opportunity for traders to take positions. A suggested long entry is around 0.5130, aiming for profit at 0.5250 (TP1), 0.5400 (TP2), and 0.5500 (TP3).
To manage risk effectively, a stop-loss should be placed at 0.5000. Watch closely as a breakout above the resistance level could propel prices higher, while a failure to maintain these levels may lead to consolidation. Stay alert and leverage the momentum for potential gains in this dynamic move.
#NFTIsBack #ETHOnTheRise
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