The Macro Picture 🗺️
IOTA unwound the entire move from the $0.07180 macro ceiling down to the $0.03407 floor and has stopped falling right on it. RSI is washed out near 38 and the selling has flattened — exhaustion, not continuation.
The Setup ⚙️
The Accumulation Zone 🟢
$0.03407–0.03550 is where the selling has dried up. The macro floor has held, and this is the demand shelf a recovery would build from.
The Decision Point 🔴
$0.06450 (Local High) is the bigger structural gate. Before it, the $0.04491 measured-move target is the first objective — reclaiming it proves buyers are stepping back in.
The Roadmap 🛣️
Hold the $0.03407 floor → recover toward $0.04491 → then work toward $0.06450. Invalidation is a clean daily close below $0.03407 — that voids the accumulation thesis.
This is a textbook DCA Accumulation Zone setup: scale in across the $0.03407–0.03550 band and let the base do the work.
More setups in profile.
#IOTA #crypto #trading #TA #3Commas #DCA
IOTA unwound the entire move from the $0.07180 macro ceiling down to the $0.03407 floor and has stopped falling right on it. RSI is washed out near 38 and the selling has flattened — exhaustion, not continuation.
The Setup ⚙️
The Accumulation Zone 🟢
$0.03407–0.03550 is where the selling has dried up. The macro floor has held, and this is the demand shelf a recovery would build from.
The Decision Point 🔴
$0.06450 (Local High) is the bigger structural gate. Before it, the $0.04491 measured-move target is the first objective — reclaiming it proves buyers are stepping back in.
The Roadmap 🛣️
Hold the $0.03407 floor → recover toward $0.04491 → then work toward $0.06450. Invalidation is a clean daily close below $0.03407 — that voids the accumulation thesis.
This is a textbook DCA Accumulation Zone setup: scale in across the $0.03407–0.03550 band and let the base do the work.
More setups in profile.
#IOTA #crypto #trading #TA #3Commas #DCA
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📈 Stop guessing your settings — backtest & optimize with QuantPilot
🎁 Free to start
🎁 Free to start
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.