🚨 $IOTA on the Move: 28% Surge and Critical Levels Ahead! 🚨
$IOTA is making waves, trading at $0.3404, up an impressive 28.16% in the last 24 hours! After testing a 24-hour high of $0.3724, the momentum remains strong, with bulls driving prices higher. Here's the technical breakdown and 3 key targets to watch next.
🔍 Technical Analysis
The 4-hour chart highlights a robust breakout from the $0.2613 support level, signaling bullish strength. With increased trading volume and price consolidation near key levels, IOTA is well-positioned for further upside.
🎯 3 Key Targets to Watch
1️⃣ $0.3724 – Immediate resistance. Breaking above this level could confirm a sustained rally.
2️⃣ $0.4000 – A mid-term target, signaling a continued uptrend as buyers dominate.
3️⃣ $0.4500 – A long-term psychological target, achievable with sustained bullish momentum.
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🛡️ Key Support Levels
$0.3200 – Immediate support. Holding this level will sustain bullish momentum.
$0.2613 – Strong foundational support for potential corrections.
⚡ Trade Setup
Long Entry: Above $0.3724 with targets at $0.4000 and $0.4500.
Stop Loss: Below $0.3200 to manage downside risks effectively.
📈 Market Sentiment
With a 24-hour trading volume of 270.04M IOTA, the bullish sentiment is evident. Keep a close eye on $0.3724 for a breakout confirmation and watch for higher levels to be tested soon!
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