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【$IOTA Signal】Long | Volume and Price Rise Together Breakout
$IOTA Price and open interest increase simultaneously, indicating that main capital is entering the market and driving the price up, rather than being pushed down by shorts. The current market shows a healthy upward structure.
🎯Direction: Long
🎯Entry: 0.072 - 0.074
🛑Stop Loss: 0.069 (Rigid Stop Loss)
🚀Target 1: 0.080
🚀Target 2: 0.085
A breakout accompanied by a significant increase in open interest is a typical signal of incremental capital driving the move. Market logic points to active long positions being built, with shorts covering passively. Good buying support above key support zones, with shallow corrections on lower timeframes, and no signs of supply expansion. The probability advantage lies in the momentum continuation after the breakout.
Trade here 👇 $IOTA
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