$IOTA

IOTA/USDT Analysis: Price at 0.3458 – Key Levels & Trading Strategy

IOTA/USDT is currently trading at 0.3458, holding near a critical level where momentum could shift in either direction. Traders should watch closely as the price nears key support and resistance zones.

Key Levels to Watch:

Support: 0.3400 (crucial level for bullish defense)

Resistance: 0.3600 (immediate target), 0.3800 (major breakout zone)

Entry Strategy:

Long Entry: If IOTA sustains above 0.3400, consider long positions targeting 0.3600 and 0.3800 as profit zones.

Short Entry: A drop below 0.3400 could signal bearish momentum, with downside targets around 0.3200 or lower.

Keep an eye on volume and RSI indicators for confirmation of trend strength. IOTA is approaching a key technical zone—stay prepared for potential breakouts or retracements!

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