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#IOTA/USDT analysis -

$IOTA is making lower lows (LLs) and lower highs (LHs) below the 200 exponential moving average (EMA). The price is currently trading near a resistance zone. It is expected to reverse from there and continue its bearish momentum, possibly testing the previous swing low. To go short, wait for the price to break the $0.2147 level.

TF : 4H
Entry : $0.2147
Target : $0.1726
SL : $0.2394
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🕒 18.05.2024 03:10💎 0≈0.000 Ƶ🔽 0