$IOTA / USDT – Showing Strong Bullish Momentum! 🔥
$IOTA is currently trading at $0.2275, showing a significant gain of +9.74%! The 4-hour chart indicates a strong upward move with large green candles, breaking above previous resistance levels.
Potential Continuation:
Observation: $IOTA is displaying strong bullish momentum and breaking through resistance. This suggests potential for further gains.
Possible Trade Considerations:
Entry: Consider potential entries around the current price or on slight pullbacks towards $0.226, looking for support to hold.
Target 1: $0.2421 (24-hour high)
Target 2: $0.250
Final Target: $0.260+ (potential for further gains)
Stop Loss: Place a stop-loss below recent swing lows, perhaps around $0.222, to manage risk.
Key Observation: The strong bullish momentum and increasing volume indicate continued buying interest. Watch if IOTA can break the 24-hour high for further upward movement.
Remember to conduct your own thorough analysis before making any trading decisions. Have a great Monday afternoon here in Multan!
