$IOTA /USDT Technical Analysis: Bullish Momentum in Play

Current Price: 0.3107 (+5.97%)

24h High: 0.3114

24h Low: 0.2795

24h Volume ($IOTA ): 36.31M

24h Volume (USDT): 10.65M

1-Hour Price Movement:

Current Price: 0.3136 (+1.03%)

Technical Overview: IOTA/USDT has experienced a significant 5.97% surge, breaking through the 0.3100 resistance level. A key support zone lies at 0.2795, with price action favoring the bulls as it approaches the next resistance at 0.3150.

The 1-hour chart shows a steady uptrend with a price of 0.3136 (+1.03%). If this bullish momentum continues, the next key target is 0.3200.

Key Levels to Watch:

Resistance: 0.3150 (near-term)

Support: 0.2795 (strong base)

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