$IOTA /USDT Trading Signal: Strong Bullish Momentum
$IOTA is currently trading at $0.3935, reflecting a 10.13% increase over the last 24 hours. With its 24-hour high at $0.3998, the coin is showing signs of a potential breakout, supported by high volume and bullish sentiment. Traders should keep an eye on key resistance and support levels for the next move.
Bullish Signal
Resistance: $0.4000 – Breaking above this level could push IOTA toward $0.4150 and $0.4300.
Long Entry: Above $0.3950 for targets at $0.4150 and $0.4300.
Stop Loss: $0.3850 to manage risk.
Bearish Signal
Support: $0.3850 – A break below this could lead to $0.3750 or $0.3600.
Short Entry: Below $0.3850 for targets at $0.3750 and $0.3600.
Stop Loss: $0.3900 to avoid reversals.
Trade cautiously as IOTA approaches critical price levels, with potential for high volatility.