📊 $IOTA /USDT Trading Signal🚨
Overview:
IOTA is currently showing a strong downward momentum with a 21.82% drop in price. The market has seen a significant dip, hitting a 24h low of $0.3400 before recovering slightly to $0.3643. The RSI(6) indicates the coin is in the oversold region (29.34), suggesting a potential short-term rebound or stabilization.
📌 Key Details:
Current Price: $0.3643
Entry Zone: $0.3600 - $0.3650
Support Level: $0.3554
Resistance Levels: $0.3684, $0.3835
🎯 Take-Profit Targets:
1. TP1: $0.3680
2. TP2: $0.3750
3. TP3: $0.3830
🔒 Stop-Loss: $0.3525
⚠️ Caution:
Watch for price stability above $0.3550 to confirm a potential reversal. A break below $0.3554 could trigger further downside. Monitor the RSI for any breakout signals indicating bullish recovery.