$IOTA 📌 #IOTA Technical Outlook :
🔍 The token is currently retesting the upper boundary of the broken descending channel on the daily timeframe.
📉 Price action indicates strong support at this level, further reinforced by a developing bullish divergence — a potential sign of reversal 🤓
📈 If the bounce holds, we can anticipate a move toward the following targets:
🎯 Target 1: $0.28
🎯 Target 2: $0.31
🎯 Target 3: $0.40
🎯 Target 4: $0.50
This is a key zone to watch for a bullish confirmation before continuation! 🚀