arbaloch99.tk@gmail.comAt the time of writing, The IOTA price is a transaction of approximately $0.2106showing mild signs of recovery after a stable decline over the past few days. The hourly chart reveals that buyers are trying to get control, but resistance at 200 SMA outweighs the profits. Meanwhile, the daily charts hint at even bigger stories. IOTA is at an important technical level It could cause bounces or a deeper drop to February lows.
IOTA Price Prediction: Is IOTA preparing for a reversal?
In Hourly Chartwe observe the recent bullish push after the long-term drop that began on and after May 23rd. This bounce has brought back the price of Iota up 20 SMA ($0.2071) and 50 SMA ($0.2071)and that’s currently a challenge 100 SMA for $0.2166.
The fact that IOTA prices are sandwiched between these moving averages suggests indecisiveness. However, you should be aware of the following:
- Resistance zone: $0.2166 – $0.2196 (100 SMA to 200 SMA)
- Support Zone: $0.2071 (short-term moving average and recent horizontal support)
If Iota Price closes the hourly candle above the 200 SMA at $0.2196, it could represent a reversal of the short-term trend, with potential gatherings. $0.23– $0.25.
Let’s examine this with a basic Fibonacci retracement from Swing High ($0.27 on May 21) to Swing Low ($0.20 on May 25).
- 0.382 Retracement Level = 0.2246
- 0.5 Retracement Level = 0.235
- 0.618 Retracement Level = 0.2453
A move above $0.225 could set the stage for IOTA to retest areas between $0.235 and $0.245. This is a strong psychological and technical resistance level.
Are your daily charts bullish or bearish?
Daily Charts Draw more carefully. Iota Price has recently bounced back 50 Day SMA ($0.2004)but below all important pivot levels.
200 SMA daily for $0.2464 It continues to function as a ceiling, and IOTA prices need to push this zone harder and regain bullish momentum.
Rejection nearby R1 Pivot $0.30 The first half of May shows that the Bulls lack a conviction.
Now Iota Price is trying to keep the baseline $0.21It is also a place where SMAs cluster for 20 and 50 days. This convergence adds weight to the support zone between $0.20 and $0.21.
If this level breaks, The next strong support is near $0.19 and Under that, $0.17previous integrated zones were observed in March.
What do you say about momentum?
A momentum indicator (Hikin Ashi Candle) will be displayed Lower volatility and smaller candles Signaling integration and potential pauses in trend direction in both time frames.
If the current lateral price action lasts for another 12-24 hours without exceeding 100 SMA or below $0.2070, a larger breakout could be followed, with volume spikes becoming a confirmation factor.
Short-term IOTA price forecast
If you are expecting a breakout from this symmetric zone (between $0.2070 and $0.2166), you can calculate it Measured movement Possibility to use this range of width:
- Width = $0.2166 – $0.2070 = $0.0096
- Breakout target = $0.2166 + $0.0096 = $0.2262 (Bulk breakout)
- Breakdown target = $0.2070 – $0.0096 = $0.1974 (Bearish breakdown)
This gives you a clear, short-term target.
Final Verdict: Where is Iota Price heading next?
IOTA prices are at the decision point. Top break $0.2196 An hourly chart could possibly lead to quick movements $0.225– $0.235along Fibonacci’s retracement level. However, it cannot be held above $0.2070– $0.2100 Support can drag it Under $0.197.
Here are some important levels to watch this week:
- support: $0.2070, $0.2004, $0.1900
- resistance: $0.2166, $0.2250, $0.2350
If buyers defend $0.21 and push $0.22 into the past with a convincing attitude, IOTA can reconsider $0.25 by the end of the month. Otherwise, retesting the $0.19-0.20 zone appears to be more likely.
