🔍 $IOTA /USDT – Price Analysis & Trade Signal
📉 Current Price: $0.2186 (▼ -1.13%)
🔹 24h High: $0.2235
🔹 24h Low: $0.2143
🔹 Volume: 31.93M IOTA / 7.00M USDT
📊 Exchange: Binance
📈 Market Insights:
IOTA is currently trading just above the key $0.214 support zone after minor retracement. The broader trend remains range-bound, with lower volatility over the last 24 hours. Price is consolidating in the $0.214–$0.223 range, suggesting indecision. A strong breakout above $0.224 could open the path toward a bullish continuation.
⚠️ However, a break below $0.213 may trigger a deeper dip to $0.203 or lower. Watch price behavior around $0.220 closely.
✅ Trade Setup (Short-Term LONG Bias):
• Entry Range: $0.215 – $0.220
• Stop Loss: Below $0.213
• Target 1: $0.224
• Target 2: $0.230
• Target 3: $0.240
🧠 Trading Plan:
Enter small near support and add on confirmation above $0.224
Use tight stop-loss to reduce downside risk
Re-evaluate if price breaks below $0.213 with strong red candle