$IOTA is showing clear weakness after losing its intraday support around $0.189–$0.190, confirming a rejection from the resistance zone. The price structure indicates potential continuation to the downside if it fails to reclaim above $0.1899.

Trade Setup:

Entry Zone: $0.1875 – $0.1885

Target 1: $0.1855

Target 2: $0.1840

Target 3: $0.1830

Stop Loss: $0.1899

Momentum is leaning bearish as sellers dominate below the $0.19 mark. If $IOTA fails to break above that level, short positions may gain strength toward the lower support range. Volume remains low, favoring a gradual price slip before any potential recovery.