$IOTA is currently exhibiting a bullish structure, hovering at its resistance level of 0.1833 USDT.
With a supportive RSI of 55.46, momentum appears favorable for upward movement.
Traders may consider a breakout strategy if the price surpasses resistance convincingly.
However, caution is warranted as macroeconomic fluctuations and Bitcoin's volatility could pose risks.
Monitor trading volume closely; significant shifts may indicate trend reversals.
