$IOTA /USDT Bull Run Analysis – Entry, Target, and Stop Loss!🔥💯

The IOTA/USDT pair has displayed significant bullish momentum with a 21.35% gain in the last 24 hours, as shown in the chart. This breakout signals strong buying interest and confirms the start of a potential bull run. Here’s a structured trading plan to capitalize on this move:

Entry Point

• Current Price: $0.3479

• Ideal Entry Zone: $0.3450–$0.3500 (on minor pullbacks or consolidation)

Target Levels

1. First Target: $0.3700 (short-term resistance)

2. Second Target: $0.3900 (next key resistance zone)

3. Extended Target: $0.4200 (in case of sustained momentum)

Stop Loss

• Place the stop loss at $0.3200 to protect capital in case of unexpected market reversals.

Technical Indicators

• The strong volume spike and breakout above $0.3400 suggest the continuation of bullish momentum.

• Maintain a close watch on 30-minute and 1-hour charts for sustained higher highs and higher lows.

Risk Management

• Avoid over-leveraging. Allocate no more than 2-5% of your trading capital to this setup.

• Regularly monitor price action to trail stop loss as the price progresses toward targets.

This is a high-probability setup, but always remember that markets can be unpredictable. Trade cautiously and stick to your plan.

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