#BTC #IOTA/USDT 📉 **IOTA's Rocky Road: Will Bears Prevail? 🐻**

💡 Dive into Amanda Shinoy's latest analysis as IOTA faces a short-term top! Are bears gearing up for a deeper dive? The chart reveals a 17% drop this week, but is a bounce on the horizon?

📉 **Bearish Trends and Support Struggles**

📉 IOTA battles to stay above $0.3000, with sellers eyeing December 2023 gains. 🐻 Will the 50-day EMA provide the lifeline, or is a further 10%-15% decline in the cards?

🔄 **Short-Term Bounce or Long-Term Woe?**

🔄 A temporary bounce or genuine recovery? Buyers face a challenge in keeping IOTA above EMA. The critical question: Will the bearish trend reversal be confirmed below the 200-day EMA?

🚨 **Investor Alert: Caution Advised!**

🚨 With a short-term top in place, fresh buying is cautioned. What lies ahead for IOTA? 🤔 Explore the technical levels, resistance at $0.3052, and support at $0.2059. 📈📉

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