$IOTA

/USDT Technical Analysis: 🚀📊

IOTA continues to show strong bullish momentum, currently trading at $0.2632 with a solid 19.37% increase in the past 24 hours. Let’s dive into the key levels to watch for further potential price action.

🔍 Key Support & Resistance Levels:

1. Target 1 (Support): $0.2205

After a solid upward move, the recent low of $0.2205 remains a strong support level. A pullback to this level could provide a good entry point for those looking to buy the dip.

2. Target 2 (Resistance): $0.2728

The 24-hour high of $0.2728 is the next significant resistance point. If IOTA breaks through this level, it could open the door to further gains.

3. Target 3 (Breakout Zone): $0.2800

If the price surpasses the $0.2728 resistance, the next target is $0.2800. This breakout could signal the continuation of the bullish trend and potentially lead to new highs.

Key Insights:

Strong bullish trend in play with a +16.81% increase in the last 24 hours.

Volume is holding steady, signaling that the momentum could continue.

Watch for price action around key levels—these will be critical in determining the next steps for IOTA.