$IOTA
/USDT Technical Analysis 🎯
The recent price action of IOTA/USDT suggests bullish momentum, with a 29.58% surge, hitting $0.2059. Here's an outlook for potential targets based on current market conditions:
Target 1: $0.2150
Key resistance level. If breached, it could confirm strong bullish sentiment and attract more buyers.
Target 2: $0.2250
Represents an extended breakout zone. A push here signals growing volume and trader confidence.
Target 3: $0.2500
A significant psychological barrier. Reaching this level may indicate a shift into long-term upward trends.
Support levels to watch: $0.2000 and $0.1850.
Monitor closely, as volatility could bring rapid price movements. Trade cautiously and DYOR!