MyCryptoParadise_Nathan

IOTA/USDT The next pumping is coming ??? Or More down ??

BINANCE:IOTAUSDT   IOTA / TetherUS
๐Ÿ’Ž IOTA has notably captured the market's attention. Recently, it broke out of the supply area, marked by a robust daily green candle accompanied by significant volume. Despite this, IOTA faced a strong rejection at a major supply zone and is now in a retesting phase at the demand level, which previously acted as a supply area.

๐Ÿ’Ž This retesting phase will be considered successful if IOTA manages a bounce from the demand area and resumes its upward trajectory. If this occurs, there's a good chance IOTA probability could reach our target within the major supply area.

๐Ÿ’Ž However, if IOTA fails to rebound from the demand zone and instead breaks below it, the next key level to watch is the support area around $0.2050.

๐Ÿ’Ž At this support level, itโ€™s crucial for IOTA to demonstrate a significant recovery to attempt reclaiming the demand area and continue its upward journey. If IOTA fails to show a positive response in the support area, it might also break down further, potentially reverting to a bearish trend and heading towards the key support area.
Trade closed: target reached:
Boom! #IOTA is doing just what we said. Up 45.50% and looking good!


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