$IOTA A short liquidation of $6.6771K occurred at $0.298, signaling a critical market movement for IOTA. This liquidation suggests that sellers were over-leveraged, and a potential trend reversal or continuation is possible. Let’s analyze the next steps with clear buy zones, targets, and stop-loss levels to help traders make informed decisions.

Technical Analysis.

Current Price: $0.298.

IOTA’s price is near the liquidation level, indicating strong support or resistance around this zone.

Key Levels to Watch:

1. Resistance: $0.310

2. Support: $0.290

Trade Plan for IOTA.

1. Buy Zone:

Primary Entry: $0.294 - $0.300

This is the accumulation zone where buyers might step in strongly.

2. Targets:

Target 1: $0.315

A safe profit-taking point as it is near the next resistance.

Target 2: $0.330

If momentum continues, IOTA could reach this level.

3. Stop-Loss:

Below $0.288

If IOTA drops below $0.288, it may signal further downside, and exiting the position would be wise.

What’s Next.

Bullish Scenario: If IOTA sustains above $0.300, expect a rally toward $0.315 and potentially $0.330.

Bearish Scenario: If it breaks below $0.290, watch for a dip to $0.280 or lower levels.

Tips for Traders.

1. Use a small position size in case of high volatility.

2. Monitor market sentiment and news about IOTA or the crypto market in general.

3. Set alerts at key levels to act quickly.

This strategy provides a balanced approach to trading IOTA, ensuring you minimize risks while maximizing potential gains.

#IOTA/USDT #BTCNextMove #USUALAnalysis #CorePCESignalsShift #ElSalvadorBTCReserve