📉 $IOTA /USDT – Pullback in Motion, Watching for Bounce Setup 🔄
IOTA has declined -5.30%, currently trading at $0.2056 after hitting a 24h low of $0.1996. Despite the drop, strong support is nearby and buyers may step in soon.
📊 Key Insights:
• Support Zone: $0.1990 – $0.2030
• Resistance: $0.2140 and $0.2190
• A bounce from support could trigger a recovery toward previous highs
📈 Trade Setup (Long Bias):
• Entry Zone: $0.2000 – $0.2050
• Stop Loss: Below $0.1970
• Target 1: $0.2140
• Target 2: $0.2190
• Target 3: $0.2245
🔔 Keep watch for volume increase — confirmation is key before entering!