💎 IOTA has indeed showcased notable market dynamics recently. It's currently bouncing from a support area, suggesting a potential upward movement to test the supply area.
💎 If it successfully breaks through the supply area, it could pave the way for a return to the strong resistance zone.
💎 However, if IOTA fails to hold the support area and breaks down, it could indicate a bearish momentum.
💎 In such a scenario, the price may continue its downward trajectory, potentially reaching lower levels.