$IOTA /USDT Technical Analysis & Trade Signal Trade Setup (Scenario 1: Bullish Breakout) Type: Long (Buy)Entry: $0.3893 (Breakout above descending trendline) Stop Loss: $0.3875 (Below recent support level) Take Profit: $0.3951 (Next resistance level) Risk-Reward Calculation: Risk: $0.3893 - $0.3875 = $0.0018 Reward: $0.3951 - $0.3893 = $0.0058 Risk-Reward Ratio: ~1:3.2 (favorable setup) Trade Setup (Scenario 2: Bearish Breakout) Type: Short (Sell)Entry: $0.3870 (Breakout below $0.3875 support level) Stop Loss: $0.3885 (Above recent support level)Take Profit: $0.3725 (Key support level below) Risk-Reward Calculation: Risk: $0.3885 - $0.3870 = $0.0015 Reward: $0.3870 - $0.3725 = $0.0145 Risk-Reward Ratio: ~1:9.6 (highly favorable setup) Trade Plan: Monitor for breakout confirmation above or below the triangle.Place entry orders accordingly:Bullish breakout: Enter long above $0.3893.Bearish breakout: Enter short below $0.3870.Use tight stop-loss orders to manage risk.Exit at the defined take-profit levels or adjust based on price action. Caution: Ensure sufficient volume confirmation to avoid false breakouts.Reassess the trade if the price consolidates further without breaking out in the next few candles. Technical Analysis for IOTA/USDT (15-Minute Chart): Chart Pattern: The chart indicates a descending triangle pattern, often suggesting potential bearish continuation. However, with the current price near the triangle apex, a breakout in either direction is possible. Indicators: Parabolic SAR: Dots are above the candles, indicating bearish pressure at the moment.Key Levels:Resistance: $0.3951 (near recent highs and above descending trendline)Support: $0.3875 (near lower trendline of the triangle)Strong Support: $0.3673 (previous major swing low) Timeframe: 15-minute chart for short-term opportunities. #IOTA #BTC100KTrumpEffect