$IOTA Showing potential reversal from long-term descending channel support.


Buyers starting to step in as price holds key demand zone.

EP
0.054 - 0.065

TP
TP1 0.080
TP2 0.120
TP3 0.200

SL
0.045

Liquidity repeatedly swept at the lows with strong reactions each time. Price compressing at support with weakening bearish momentum, indicating potential breakout and expansion higher.

Let’s go $IOTA ‌
IOTA0.34%
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SaveABitOnGasFees
· 1h ago
The EP range is wide, so enter in batches; don't go all-in at once.
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GaslightGardener
· 13h ago
How long has this channel been suppressed before finally showing signs of recovery? Long-time IOTA fans are moved to tears.
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Alfarooq
· 05-02 11:20
2026 GOGOGO 👊
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On-ChainCatUnderTheMoonlight
· 05-02 11:03
0.045 stop-loss set quite tight, the risk-reward ratio is good, let's try with one order.
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NotYourExitLP
· 05-02 11:01
The support has indeed been tested for a long time; how far this rebound can go depends on the trading volume.
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MintCondition
· 05-02 10:54
TP3 to 0.2 is a bit of a dream; seeing 0.08 first seems more realistic.
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ProtocolPicnic
· 05-02 10:43
Liquidity has been swept so many times without breaking through, clearly a bearish exhaustion, one more hand.
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