$IOTA has seen a 5.326% price increase in the last 24 hours.
Current price is nearing the upper Bollinger Band at 0.1534.
This suggests potential overextension, indicating caution for trend continuation.
The lower Bollinger Band at 0.1436 acts as a key support level.
Consider placing a stop-loss just below this level to manage risk.
Volatility appears to be contracting, which may signal a potential breakout or breakdown.
Traders should set alerts for price movements around 0.1538 resistance and 0.1393 support.
Wait for confirmation before making any new positions.
