MyCryptoParadise_Nathan

IOTA/USDT Keep an eye, If breakout is success, Back to upward!

BINANCE:IOTAUSDT   IOTA / TetherUS
💎 IOTA has recently displayed significant market dynamics. Currently, IOTA remains in a sideways trend after reclaiming the demand area.

💎 There are two potential scenarios: either IOTA breaks out of the bullish flag pattern without retesting the demand area, or it undergoes a retesting phase before breaking the pattern.

💎 In the event of a successful breakout, we could witness a significant upward movement, probability leading to a retest of our target strong resistance area.

💎 However, if IOTA retraces back to the demand area at $0.23 - $0.22 and breaks below it, the price may resume its downward movement. The next key level of support would be tested, and if it fails to hold, the price could decline further. In such a scenario, IOTA might revisit the strong support area for potential stabilization.

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