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$IOTA / USDT Key Level and Next Move!ā³
š¹ Current Price: $0.3183 (+3.88%)
š¹ Timeframe: 4-hour chart
Market Performance
$IOTA / USDT has gained 3.88% intraday, showing a steady recovery after testing recent lows.The price currently trades near the mid-range of its 24-hour high ($0.3243) and low ($0.2902).
Key Resistance Levels
$0.3243: Immediate resistance from the 24-hour high.$0.3350: A strong resistance level from previous upward trends.
Key Support Levels
$0.3100: A key psychological support zone and recent consolidation area.$0.2902: The 24-hour low, which acted as a reversal point.
Sentiment and Technical Indicators
Momentum indicators suggest buyers are regaining strength, supported by the recent bounce near $0.2900.Volume remains moderate, signaling cautious accumulation in the current range.
š” Trading Insight:
Bullish Scenario: A breakout above $0.3243 could push prices toward $0.3350 and higher.Bearish Scenario: A decline below $0.3100 may trigger further downside toward $0.2900.
#IOTAUSDT #Crypto