$IOTA USDT – CONSOLIDATING ABOVE SUPPORT, BREAKOUT ZONE NEAR
BOUNCE FROM 25-MA
TIGHT RANGE – VOLATILITY LOADING
$IOTA surged to a high of $0.2450 before retracing to test the 25-MA ($0.2230), where it is now consolidating around $0.2234. The price is attempting to reclaim the 7-MA ($0.2227), and all key moving averages remain aligned to the upside. Volume is steady, suggesting a possible breakout once bulls reclaim control.
A push above $0.2270 could trigger bullish momentum toward recent highs.
LONG Trade Setup:
Entry: $0.2220 – $0.2240
Targets (TP): $0.2300 / $0.2370 / $0.2450
Stop Loss (SL): $0.2185
Consolidation within trend — breakout traders should stay alert.
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