$IOTA /USDT: Bullish Surge Continues – Scalping Opportunity Awaits
$IOTA /USDT is trading at $0.5718, up by an impressive 51% in the past 24 hours. After hitting a 24-hour high of $0.6328, the price has retraced slightly, consolidating just below the recent peak. This creates a perfect setup for a potential rebound. Traders can consider entering at $0.5700, with resistance levels at $0.5900 and $0.6100, while support sits firmly at $0.5500 and $0.5300.
Tight take-profit targets are recommended for quick gains: TP1 at $0.5800, TP2 at $0.5900, and TP3 at $0.6000. A stop-loss at $0.5400 will help manage risks effectively. This consolidation phase is likely to lead to another upward move, with a breakout above $0.5900 signaling renewed bullish momentum. Act fast to capitalize on this high-potential opportunity!