IOTAUSDT may drop 56 %

IOTA has been in a downtrend for a long time.

It can't break the downsloping resistance and we believe that the key support may break on the next retest.
If it happens and we get a capitulation, then IOTA may drop even 56% and retest all time lows from 2020. It would be a great buying opporunity for a LONG TERM investment.

ETHBTC is bearish now which also confirms our bearish bias on IOTA:

Do you agree? Let us know in the comment section.

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