IOTA/USDT Weekly Analysis – Critical Support Retest

📊 Pattern & Price Structure:

The chart indicates that IOTA is currently retesting a major historical demand zone in the range of $0.110 – $0.160, which has served as a strong support since 2020. The price has bounced off this area multiple times in the past, reinforcing it as a solid accumulation zone.

There is also a potential formation of a double bottom or accumulation range around this level, which often acts as the foundation for a major reversal if accompanied by volume and momentum.

🟢 Bullish Scenario:

If this support holds and buyers show strength:

1. The price could rebound and test key resistance levels:

$0.2454 (initial resistance)

$0.3496

$0.4000

$0.4751


2. A breakout beyond those levels may trigger further upside targets at:

$0.8982 (weekly key resistance)

$1.4913

$2.000

$2.390 and potentially even $2.677


3. Bullish catalysts such as positive fundamental news, rising market sentiment, or visible accumulation volume could spark an explosive move.


🔴 Bearish Scenario:

If the price fails to hold the $0.110 – $0.160 support zone:

1. A breakdown could lead to a decline toward previous extreme lows around:

$0.0700 – $0.0534

2. This would signal a loss of long-term buyer interest and open the door to deeper bearish continuation.


⚠️ Technical Conclusion:

The yellow zone is a make-or-break level — bulls must defend this to maintain any bullish structure.

As long as IOTA stays above $0.110, the risk-reward favors a bullish reversal.

A confirmed bullish weekly candle and volume spike would strengthen the bullish outlook.


📌 Key Levels:

Major Support Zone: $0.110 – $0.160

Resistance Levels to Watch:
$0.2454 → $0.3496 → $0.4000 → $0.4751 → $0.8982 → $1.4913 → $2.000 → $2.390 → $2.677

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