$IOTA 's price has increased by 1.768% in the last 24 hours, currently approaching the upper Bollinger Band at 0.1561.
This proximity signals potential overextension, suggesting a possible short-term correction or trend continuation.
Volatility appears to be contracting, indicating reduced price swings which may favor cautious trading.
Consider placing a stop-loss just below the lower band at 0.1514 for risk management.
A recommended action is to set alerts for a breakout above 0.1561 or a breakdown below 0.1504 before entering a position.
