🚨 $IOTA /USDT ALERT: Enter Now at $0.3265 – Momentum Building for a Breakout! 🚨
$IOTA has gained 17.49%, driven by strong 24-hour volume of 312.28M IOTA. The price recently tested the $0.3724 high and is now consolidating, signaling potential for a further move upward.
Key Levels to Watch:
1. Target 1: $0.3724 – The 24-hour high and immediate resistance. A breakout here could trigger another leg up.
2. Target 2: $0.4000 – A psychological level where some profit-taking might occur, but bullish momentum could carry it higher.
3. Target 3: $0.4500 – If upward pressure continues, this level could act as the next major resistance.
Support Level:
$0.2776 – A critical support level to monitor. A drop below this could signal a pause in the bullish trend.
Trade Setup:
Entry Price: $0.3265
Stop Loss: Below $0.2776 to manage risk.
Take Profit Targets: $0.3724, $0.4000, $0.4500
⚠️ Note: Volatility remains high; use tight stop-losses and confirm breakout levels with volume before entering. Proper risk management is essential.