$IOTA $IOTA

#IOTAPriceAnalysis

Current Price: 0.2391 USDT, up 8.44% in the last 24 hours.

Volume: Strong trading activity with 152.89M IOTA traded, equivalent to 35.27M USDT.

Trend: Bullish, as the price is above key EMAs:

EMA(7): 0.2346

EMA(25): 0.2294

EMA(99): 0.2237

#IOTACommunity demonstrates a bullish structure supported by strong volumes and price action above key EMAs. Scalping opportunities favor breakouts above 0.2415 USDT, targeting 0.2500 USDT. Conversely, a bearish breakdown below 0.2346 USDT could lead to a retracement toward 0.2294 USDT.

🚨Scalpers should maintain tight stop-loss levels due to IOTA's volatility.

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Key Levels:

1. Resistance Levels:

Primary: 0.2415 USDT

Secondary: 0.2428 USDT

Extension: 0.2500 USDT

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2. Support Levels:

Primary: 0.2346 USDT

Secondary: 0.2294 USDT (EMA(25))

Critical: 0.2167 USDT (24-hour low)

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Scalping Strategy Summary📢

1. For Bullish Moves:

Entry Point: Buy above 0.2415 USDT if confirmed breakout.

Target Levels:

Primary: 0.2428 USDT

Secondary: 0.2500 USDT

Stop-Loss: Below 0.2346 USDT to mitigate risk.

2. For Bearish Pullbacks:📢

Entry Point: Sell short below 0.2346 USDT (EMA(7)).

Target Levels:

Primary: 0.2294 USDT (EMA(25))

Secondary: 0.2237 USDT (EMA(99))

Stop-Loss: Above 0.2415 USDT.

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