Iota strong support but may still head lower

BINANCE:IOTAUSD   IOTA / US Dollar (calculated by TradingView)
Iota could head into the mid $0. 40 level as there's a possible ABC correction forming for IOTA. There is strong support but I'm cautious about entering IOTA.

Just trying to give you both scenarios. If it hits the $0. 40 region it's an excellent entry point.