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$IOTA /USDT is trading within a descending triangle pattern, indicating consolidation with lower highs and steady support. The initial support is at the $0.28 level, providing a key area to watch for potential breakdowns.
A breakout above the descending resistance trendline could trigger a bullish move, with targets in the $0.36-$0.38 zone.
DYOR, NFA
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A breakout above the descending resistance trendline could trigger a bullish move, with targets in the $0.36-$0.38 zone.
DYOR, NFA
#IOTA/USDT #IOTAUSDT #IOTACommunity #altcoins #IOTAPriceAnalysis
$IOTA $IOTA 🦅🦅🦅
The IOTA/USDT trading pair is experiencing a moderate bearish trend, with a 4.39% decrease in the last 24 hours. The current price is $0.4510.⚡
Technical indicators show a neutral signal, with the 7-day EMA at $0.4537 and the 25-day EMA at $0.4697.
#IOTACommunity
Key levels to watch include:
Resistance: $0.5113
Support: $0.4396
The trading volume is moderate, with a 24-hour volume of 142.97M.
Long Position: Entry at $0.4510, target at $0.5113 (13.4% profit), and stop-loss at $0.4396 (2.5% loss).
Short Position: Entry at $0.4510, target at $0.4396 (2.5% profit), and stop-loss at $0.5113 (13.4% loss).
#DYOR #BTCDipsTo90.5K #CryptoHistoricMoment #CryptoMarketHype
The IOTA/USDT trading pair is experiencing a moderate bearish trend, with a 4.39% decrease in the last 24 hours. The current price is $0.4510.⚡
Technical indicators show a neutral signal, with the 7-day EMA at $0.4537 and the 25-day EMA at $0.4697.
#IOTACommunity
Key levels to watch include:
Resistance: $0.5113
Support: $0.4396
The trading volume is moderate, with a 24-hour volume of 142.97M.
Long Position: Entry at $0.4510, target at $0.5113 (13.4% profit), and stop-loss at $0.4396 (2.5% loss).
Short Position: Entry at $0.4510, target at $0.4396 (2.5% profit), and stop-loss at $0.5113 (13.4% loss).
#DYOR #BTCDipsTo90.5K #CryptoHistoricMoment #CryptoMarketHype