TA🚨IOTA / USDT : 1H
🧩Analysis :
• The price is in a downtrend below the 200 EMA (Exponential Moving Average). There's been a breakdown of the 200 EMA, and the price is facing continuous resistance at that level.
• This suggests that the price will decline further from where it is now and potentially test its previous swing low. And place your SL above 200 EMA for risk management .
Sell : $0.242
Targets : $0.228 / $0.221
SL : $0.255
