$IOTA is quietly setting up an interesting structure right now 👀

On the 4H chart, we can see it bounced hard from the $0.1718 low, rallying all the way to $0.2290 before cooling off. Since then, price has been moving inside a range, with $0.194 acting as local support and $0.229 as the key resistance.

Currently, IOTA is trading around $0.2014, trying to climb back up after the recent dip.

Here’s what I’m watching:

Support zone: $0.194 → If this holds, bulls still have the upper hand.

Resistance: $0.206 – $0.229 → Breaking above here could fuel a push toward $0.24+.

If support breaks: We might revisit the $0.181 – $0.171 area for another retest.

Overall, the trend since early August still looks bullish, but IOTA needs to reclaim $0.21+ with strength to show buyers are serious again.

For me, this is one of those charts where patience pays — it’s consolidating now, but the next move could be sharp.

What’s your take — do we see $IOTA break $0.21 soon, or will it range a bit longer? 🤔

$IOTA #FOMCMinutes #FOMCMinutes #MarketPullback #ETHStakingExitWatch