š $IOTA /USDT ā Pullback in Motion, Watching for Bounce Setup š
IOTA has declined -5.30%, currently trading at $0.2056 after hitting a 24h low of $0.1996. Despite the drop, strong support is nearby and buyers may step in soon.
š Key Insights:
⢠Support Zone: $0.1990 ā $0.2030
⢠Resistance: $0.2140 and $0.2190
⢠A bounce from support could trigger a recovery toward previous highs
š Trade Setup (Long Bias):
⢠Entry Zone: $0.2000 ā $0.2050
⢠Stop Loss: Below $0.1970
⢠Target 1: $0.2140
⢠Target 2: $0.2190
⢠Target 3: $0.2245
š Keep watch for volume increase ā confirmation is key before entering!