$IOTA EARLY TREND RECOVERY FROM DAILY BASE, BUT NEEDS FOLLOW-THROUGH
Long $IOTA
Entry: 0.0574 - 0.0583
SL: 0.0556
TP1: 0.0602
TP2: 0.0628
TP3: 0.0660
IOTA has been grinding off the 0.0512 base and is starting to reclaim the near-term demand zone around 0.0570. The structure is still young, but the reaction suggests sellers are losing control and liquidity is now clustered above 0.060 and 0.063. I like the long while price stays above 0.0556, because a break back below that level would tell you the recovery failed and the base was not ready.
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IOTAUSDT
Διην.
0.0547
+0.73%