📈 IOTA/USDT Long-Only Setup – Daily Chart Analysis
🔸 Current Price: $0.1578
🔸 24h Range: $0.1558 – $0.1616
🔸 Recent Support: $0.1306
🔸 Market Sentiment: Gradual recovery from oversold levels
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🚀 Long Strategy Overview
Entry Zone:
📥 Ideal Pullback: $0.155–0.157
⚡ Confirmation Breakout: $0.162+
Targets:
🎯 TP1: $0.172 (minor resistance)
🎯 TP2: $0.202 (trend shift level)
🎯 TP3: $0.243 (mid-term recovery zone)
Stop-Loss (SL):
🛑 Below $0.151 (invalidates structure)
🟡 Optional: Trailing stop as price rises
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📊 Supporting Indicators:
RSI showing early signs of reversal
Bullish MACD divergence likely on next close
Reclaiming lost momentum slowly on daily chart
Order Book: Buyers catching up (46.9% vs 53.1%)
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⚠️ Notes:
Avoid entries if BTC dominance spikes
Watch for volume breakout above 50M IOTA
Manage risk & book profits on key resistance levels
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📍Patience is key. Setup building above support. Entry on breakout or dip.
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