Another ALT coin that has gotten slammed, but still retaining it's position among the top 10 market cap leaderboard, which should be a sign of strength. I think that if BTC can make the relief rally back towards 7'5, there will be a solid trade for IOTA here with an entry of $0.47 (which is actually the point of control on the volume profile indicator) and a take profit of $0.75 (the median of this descending channel and the next psychology level. ($0.50 should be a good long-term buy.