$IOTA has seen a price decline of 1.746% in the past 24 hours.
The coin fluctuated between a high of 0.633 and a low of 0.572, approaching key support at 0.572.
Current market sentiment remains undefined, suggesting traders are cautious amid this volatility.
The RSI is at 52.69, indicating neutral conditions with no clear overbought or oversold signals.
If IO tests support at 0.572, a bounce could lead to a rally toward resistance at 0.626.
Conversely, a break below support could signal further downside risk.
Traders should stay alert for any major market news that could shift sentiment rapidly.
