$IOTA / USDT Showing Strong Bullish Momentum on Binance! š„
Current Price: 0.1998 USDT
Change: +4.23%
$IOTA / USDT on Binance is exhibiting significant upward movement on the 4-hour chart, approaching the 0.20 USDT level.
Key Observations:
* Recent High (24h): 0.2001 USDT
* Recent Low (24h): 0.1860 USDT
* Volume (24h IOTA): 32.38M
* Volume (24h USDT): 6.24M
The price has shown a strong surge with increasing volume, indicating substantial buying interest as it nears the 24-hour high.
Considerations:
* Resistance Level: The 24-hour high of 0.2001 USDT is the immediate resistance to watch. A break above this psychological level could lead to further significant gains.
* Support Level: Previous resistance levels that have been broken, such as around 0.195 USDT, could now act as support.
* Increasing Volume: The rising volume accompanying the price increase reinforces the strength of this bullish move.
Disclaimer: This is not financial advice. Always conduct your own thorough research before making any trading decisions.
