$IOTA $IOTA
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.