📉 $IOTA (#IOTA ) Technical Analysis

A breakout from the wedge could push IOTA towards $0.36, $0.54, and eventually $0.72 in the mid-term.

Volume confirmation and a strong close above $0.20 would strengthen the bullish case.

A failure to hold $0.19 could lead to further downside, invalidating the bullish thesis

Watch for rejection at $0.36 as a potential consolidation zone.

Support Zone: $0.19 - $0.20 (Fibonacci 0.786)

T1: $0.3635

T2: $0.5408

T3: $0.7285