Some View for $IOTA ...
Bullish trigger: Daily close above the descending trendline and recent lower-high area (~$0.21–$0.22). If confirmed with volume, measured move target is roughly the widest part of the triangle (~$0.08–$0.09) added to the breakout level. That would point into the high-$0.20s to low-$0.30s if it breaks up.
Bearish trigger: Daily close below the rising trendline (~$0.19) and especially below ~$0.18. Similar measured move would target low-$0.10s if momentum accelerates.
Risk management thoughts:
Wait for a confirmed candle close beyond the triangle and rising volume before acting.
For longs: invalidation just back inside/below the broken trendline; for shorts: invalidation just back inside/above.
Position sizing matters; crypto triangles can produce fake-outs. Consider scaling in only after a retest.$IOTA
