$IOTA /USDT - Testing Key Support, Eyes on $0.3998?
Current Price: $0.3821 (+7.85%)
š Entry Range: $0.3800 - $0.3850
šÆ Target Levels:
Target 1: $0.3900 (Immediate Resistance)
Target 2: $0.3998 (Recent High)
š”ļø Stop-Loss: $0.3700 (Below Support Level)
Market Analysis:
IOTA/USDT experienced a bullish surge, peaking at $0.3998 before retracing to $0.3821. This consolidation around $0.3800 suggests that buyers may step in to push the price back toward $0.3900 and beyond. A breakout above $0.3900 could set the stage for a retest of $0.3998.
š Tip: Monitor price action near $0.3850 for potential breakout confirmation. Secure partial profits near $0.3900 and trail your stop-loss to minimize risk.