$IOTA is trading between the Bollinger Bands with the current price near the upper band at 0.1548.
This suggests a potential overextension, indicating a trend reversal or consolidation might occur soon.
Key support level is at 0.1506, while resistance stands at 0.1551.
Volatility appears to be contracting, hinting at a potential breakout in either direction.
Consider placing a stop-loss just below 0.1506 to manage risk.
Recommended action: set alerts around the resistance and support levels for optimal entry/exit points.
