MyCryptoParadise_Nathan

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

BINANCE:IOTAUSDT   IOTA / TetherUS
💎 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.

💎 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.

💎 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.

💎 At this support level, it’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.
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Boom! #IOTA is doing just what we said. Up 45.50% and looking good!


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