$IOTA /USDT: Bullish Surge Signals Breakout Potential
$IOTA /USDT is showing a solid upward trend, trading at $0.3017 with a 3.46% increase in the last 24 hours. The price has rebounded sharply from its recent low of $0.2813, reaching a 24-hour high of $0.3022. With strong buying pressure, IOTA is eyeing a breakout above the $0.3020 resistance. Sustaining this momentum could push IOTA toward higher targets. However, a failure to maintain above $0.2950 might lead to consolidation or a slight pullback.
Trade Setup:
Entry Point: Around $0.3015
Targets:
Target 1: $0.3080
Target 2: $0.3150
Stop Loss: $0.2940
IOTA's current price action suggests a bullish continuation, but traders should remain cautious of the resistance zone near $0.3020. Manage risk carefully as volatility may increase near critical levels.
