🚨 $IOTA /USDT ALERT: Massive Momentum – Critical Breakout in Sight! 🚨
15-Minute Chart Analysis
IOTA/USDT has surged with a strong upward momentum, currently trading at $0.3895, marking a significant 25.97% gain over the past 24 hours. The pair recently hit a high of $0.4011, showing signs of bullish strength, but it’s facing resistance at these levels. Volume and momentum suggest that a decisive move could be imminent.
Trade Setup
Entry Price: Around $0.3895
Key Resistance Levels:
$0.4015 (Immediate resistance)
$0.4150 (Breakout target)
$0.4300 (Stretch target on bullish momentum)
Key Support Levels:
$0.3750 (Immediate support zone)
$0.3450 (Critical level to hold)
Take-Profit Targets:
1. $0.4050
2. $0.4150
3. $0.4300
Stop Loss: Place a stop-loss at $0.3650 to manage downside risk.
Cautionary Note:
Traders should watch closely for price stability around $0.4015. A rejection here may lead to a retest of support at $0.3750. However, if the resistance breaks, expect a rapid move toward the higher targets. Ensure proper risk