Based on the provided chart of $IOTA /USDT on a 15-minute timeframe, the price has shown a significant bullish move with a 14.09% increase in the last 24 hours, currently trading at $0.3230. The chart indicates a recent pullback after reaching the 24-hour high of $0.3335. Here's the analysis:

Long Position:

Entry: Consider entering around $0.3200 if the price consolidates and shows bullish confirmation at this level.

Target: $0.3350, aligning with the recent high and potential continuation of the uptrend.

Stop Loss: $0.3150 to limit downside risk in case of further correction.

Short Position:

Entry: If the price breaks below $0.3190 with strong bearish momentum, consider shorting.

Target: $0.3000, aiming for the previous support level visible in the chart.

Stop Loss: $0.3250 to protect against a false breakdown.

Recommendation:

Monitor the volume and price action closely. A break above $0.3335 could indicate a strong continuation of the uptrend, while a failure to hold $0.3200 might signal bearish pressure. Always adhere to risk management strategies.

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