$IOTA /USDT – 4H Trade Setup
Market Insight:
$IOTA is showing bullish momentum with a +5.44% daily gain. Price has broken above the 7, 25, and 99-period moving averages, signaling strength. Volume also supports the move with 106M IOTA traded in 24h.
Entry Zone:
🔹 Buy: 0.2400 – 0.2440 (Pullback to MA cluster near 0.2453/0.2429)
Targets:
🎯 Target 1: 0.2550
🎯 Target 2: 0.2650
🎯 Target 3: 0.2780
Stop Loss:
🔻 SL: 0.2290 (Below recent support & MA(99))
Key Levels:
Support: 0.2400 / 0.2350 / 0.2260
Resistance: 0.2499 / 0.2550 / 0.2650
Pivot Zone: 0.2440 – 0.2450
Pro Tip:
Volume is picking up and price is respecting the 7 & 25 MA cluster. Look for a retest of the 0.2440 area with low volume for a safer entry. Confirm with bullish engulfing or hammer candle on 4H for confirmation.
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