$IOTA

/USDT Technical Analysis & Trade Signal:

Current Price: $0.3397

Trend: Bullish – IOTA has seen a steady upward movement with a 12.63% gain in the last 24 hours.

Key Levels:

1. Support Level: $0.2913 – Historical low, strong support zone.

2. Resistance Level: $0.3403 – Recent high, short-term resistance.

Target Levels 🎯:

1. Target 1: $0.3450 – Break above $0.3403 could lead to this short-term target.

2. Target 2: $0.3500 – If momentum continues upward, this will be the next psychological resistance.

3. Target 3: $0.3600 – Longer-term target if the uptrend sustains with bullish momentum.

Trade Momentum:

Momentum: Strong – Momentum is favorable as the price broke above recent resistance with increasing volume.

RSI Indicator: Potentially overbought if the price nears $0.3500, indicating caution for any aggressive buying. However, momentum supports further bullish action if no signs of reversal show up.

Conclusion:

Buy Signal: If the price holds above $0.3380, with further confirmation on momentum.

Sell Signal: If the price drops below the $0.3263 support level, signaling potential consolidation or reversal.

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