Date: Thu, June 26, 2025 | 10:20 AM GMT
The cryptocurrency market is showing strong signs of recovery as tensions between Israel and Iran ease. Ethereum (ETH) has rebounded sharply, jumping from its recent low of $2,113 to climb above the $2,475 level.
Among altcoins, IOTA (IOTA) is currently trading in the red, but a potential bullish setup is forming under the radar. The token is now flashing a fractal pattern that closely resembles the recent breakout move seen in SEI — hinting that a major reversal could be just around the corner.
Source: Coinmarketcap
IOTA Mirrors SEI’s Breakout Move
The side-by-side comparison of SEI and $IOTA on the daily chart highlights a striking similarity.
Earlier this month, SEI was consolidating within a descending channel pattern, hugging its 100-day moving average. This period of quiet coiling laid the groundwork for a sudden breakout. Once SEI pushed above both the descending channel and the 100-day MA, the token surged nearly 68% in a strong rally.
SEI and IOTA Fractal Chart/Coinsprobe (Source: Tradingview)
Now, IOTA appears to be following the same blueprint. After months of downtrend, the token has formed a falling wedge — a pattern often associated with upcoming bullish reversals. IOTA is now pressing against the upper resistance of this wedge, trading just under its 100-day moving average, currently at $0.1888.
What’s Next for IOTA?
If IOTA continues to mirror SEI’s path, a breakout may be imminent. A strong daily close above both the falling wedge and the 100-day MA could act as a bullish confirmation, potentially triggering a sharp move toward the $0.27 mark — a major level of previous resistance.
Should this breakout attract significant volume, it may draw renewed attention from traders and investors anticipating a move similar to SEI’s. That kind of breakout would mark a turning point for IOTA, suggesting a shift from accumulation to expansion.
However, it’s important to remain cautious. Until price breaks above the 100-day MA with conviction, IOTA remains technically trapped within a bearish structure. A rejection from this zone could delay the rally or even send the token back toward its lower support range near $0.13.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.