šŸš€ $IOTA /USD: TESTING KEY ZONES ā€“ COULD A BREAKOUT BE NEAR? āš”

The $IOTA /USD pair is currently trading at $0.3854, consolidating near significant support and resistance levels. A breakout from these zones could lead to notable price movement, so traders should monitor these levels closely.

šŸ“Š Trade Scenarios:

Entry Point: $0.3854

Take Profit (TP) 1: $0.3950

Take Profit (TP) 2: $0.4050

Take Profit (TP) 3: $0.4200

Stop Loss (SL): $0.3750

Support is located at $0.3750, while resistance is at $0.3950. A breakout above $0.3950 could drive the price toward $0.4050 and $0.4200. A drop below $0.3750 may signal bearish momentum.

šŸ“‰ Market Outlook:

IOTA/USD is holding above the support zone at $0.3750. If this level holds, thereā€™s potential for a bullish move toward $0.3950 and higher. A breakout above $0.3950 would confirm upward momentum, while a drop below $0.3750 could suggest further downside.

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