#BTC #IOTA/USDT ๐ **IOTA's Rocky Road: Will Bears Prevail? ๐ป**
๐ก Dive into Amanda Shinoy's latest analysis as IOTA faces a short-term top! Are bears gearing up for a deeper dive? The chart reveals a 17% drop this week, but is a bounce on the horizon?
๐ **Bearish Trends and Support Struggles**
๐ IOTA battles to stay above $0.3000, with sellers eyeing December 2023 gains. ๐ป Will the 50-day EMA provide the lifeline, or is a further 10%-15% decline in the cards?
๐ **Short-Term Bounce or Long-Term Woe?**
๐ A temporary bounce or genuine recovery? Buyers face a challenge in keeping IOTA above EMA. The critical question: Will the bearish trend reversal be confirmed below the 200-day EMA?
๐จ **Investor Alert: Caution Advised!**
๐จ With a short-term top in place, fresh buying is cautioned. What lies ahead for IOTA? ๐ค Explore the technical levels, resistance at $0.3052, and support at $0.2059. ๐๐
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