๐$IOTA IOTA/USDT SOARS 31.65% โ WHATโS NEXT? ๐
$MIOTA is shining bright with a remarkable 31.65% surge, now trading at $0.3469, just shy of its intraday high of $0.3724. Is IOTA gearing up for a breakout, or will a retracement create re-entry opportunities?
Key Levels to Watch:
Resistance: $0.3724 โ A breakout above this could propel IOTA toward $0.3860 and beyond.
Support: $0.2864 โ A strong support zone to watch if momentum slows.
Why the Pump?
Positive Sentiment: Increased interest in IoT-focused blockchain projects is driving demand for IOTA.
Technical Breakout: IOTA has broken past significant resistance levels, drawing attention from traders.
Volume Surge: A sharp increase in trading volume signals strong buying pressure.
Whatโs Next?
If IOTA maintains its upward momentum and clears $0.3724, it could aim for $0.40 in the coming sessions. However, a pullback to $0.2864 might offer a chance for buyers to jump in.
๐ก Pro Tip: Keep an eye on volume trendsโsustained buying pressure could signal further upside!
๐ Are you bullish on IOTA, or waiting for the next dip? Letโs discuss below!
