Will IOTA avoid deeper losses as sellers dominate session price action?

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IOTA slides 7.37% today to $0.0402

Highlights

IOTA/USD shows short- and medium-term strength but remains in a longer-term bearish trend below key daily resistance.
Mixed momentum indicators reveal uncertainty, with intraday sellers dominating despite signals of possible upside reversal.
Expected range for the next sessions is $0.0384 to $0.042, with a 71% probability of upward movement contingent on breaking $0.0412 resistance.

Mixed technical signals as high volatility meets bearish divergence

On the technical front, IOTA/USD has remained above the MA-20 ($0.0401) and MA-50 ($0.0391) on the H1 chart, but trades below the MA-200 ($0.0638) on the daily timeframe. The Ichimoku Kijun at $0.0412 serves as immediate resistance. Among key indicators, the Moving Average Convergence Divergence (MACD) signals a strong buy while the Average Directional Index (ADX) also suggests continued buy conditions. The Relative Strength Index (RSI) reads 51.26 in buy territory; however, Stochastic RSI shows the asset is oversold and the Commodity Channel Index (CCI) remains neutral. Bull/Bear Power presently indicates seller dominance within the session. The Awesome Oscillator is neutral, providing no clear trend reinforcement. Current volatility is high, with price trading near session lows and bearish divergence noted between indicator momentum and price action.

Bullish skew persists as volatility shapes range-bound outlook

Looking ahead, IOTA/USD is forecast to trade within a $0.0384 to $0.042 range over the next trading sessions, reflecting typical volatility for the asset at current levels. The probabilistic scenario assigns a 71% likelihood to upside movement and 29% to further declines, suggesting limited scope for deeper downside in the immediate term. If price breaks decisively above the $0.0412 Ichimoku Kijun resistance, a bullish extension could unfold toward the upper boundary of the projected range. Should support give way, further pullbacks may materialize within the given corridor.

Anton Kharitonov, expert at Traders Union, notes that IOTA remains under pressure despite holding above key short-term moving averages. He sees technical signals sending mixed messages, with strong buy momentum clashing with bearish session dynamics and resistance at $0.0412 capping advances. In Kharitonov’s view, the outlook stays cautious until a break of resistance materializes. "Unless IOTA decisively reclaims $0.0412, I remain defensive and see limited upside in the near term."

Earlier, analysts noted that IOTA was experiencing a short-term rebound within a persistent broader downtrend. The latest developments add a new dimension, as strengthening short-term bullish signals and a recalibrated probability of upside emphasize $0.0412 as a pivotal level traders should monitor for breakout potential.

Source of Data: IOTA Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.