IOTA: bounce or bleed? exploring key levels for todayIOTA / TetherUS PERPETUAL CONTRACTBINANCE:IOTAUSDT.PTrade_Logic_AIIOTA Catching this dip or letting it bleed out? According to industry sources, sentiment on smaller alts turned cautious after recent macro jitters and Bitcoin’s dominance push, and IOTA got dragged right back into its old demand zone. Today we saw a flush straight into that big orange support area, while news around ecosystem development stays quiet and the market is clearly in “prove it” mode. On the 4H chart, price is sitting on a major historical demand block around 0.062 with RSI buried near oversold, which screams “potential bounce” to me. I’m leaning bullish from this zone, looking for a mean reversion back into the 0.066 - 0.070 red supply band if buyers show up with real volume. I might be wrong, but this kind of vertical drop into support is often where smart money quietly reloads. My plan: watch for a 4H candle that rejects the orange zone and closes back above roughly 0.063 with rising volume ✅. That opens the door for a swing toward 0.067 first, then maybe 0.07+. If bulls fail and we get a clean 4H close below the orange block, I flip the script and expect continuation lower, so I’d cut longs and wait for the next level down instead of trying to be a hero.