๐ IOTA/USDT Long-Only Setup โ Daily Chart Analysis
๐ธ Current Price: $0.1578
๐ธ 24h Range: $0.1558 โ $0.1616
๐ธ Recent Support: $0.1306
๐ธ Market Sentiment: Gradual recovery from oversold levels
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๐ Long Strategy Overview
Entry Zone:
๐ฅ Ideal Pullback: $0.155โ0.157
โก Confirmation Breakout: $0.162+
Targets:
๐ฏ TP1: $0.172 (minor resistance)
๐ฏ TP2: $0.202 (trend shift level)
๐ฏ TP3: $0.243 (mid-term recovery zone)
Stop-Loss (SL):
๐ Below $0.151 (invalidates structure)
๐ก Optional: Trailing stop as price rises
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๐ Supporting Indicators:
RSI showing early signs of reversal
Bullish MACD divergence likely on next close
Reclaiming lost momentum slowly on daily chart
Order Book: Buyers catching up (46.9% vs 53.1%)
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โ ๏ธ Notes:
Avoid entries if BTC dominance spikes
Watch for volume breakout above 50M IOTA
Manage risk & book profits on key resistance levels
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๐Patience is key. Setup building above support. Entry on breakout or dip.
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