#IOTAUSDT on the Brink of a Massive Surge in the Next Bull RuIOTA / TetherUSBINANCE:IOTAUSDTCryptoAnalystSignal#IOTA The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected. The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition. A key support zone has been identified in green at 0.0510. The price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 0.0540 First Target: 0.0550 Second Target: 0.0561 Third Target: 0.0575 You can close at the second target or wait for the third target to be reached. The choice is yours. Stop Loss: At the resistance zone in green. Remember this simple rule: Money Management. Any questions? Please leave a comment. Thank you.