【$IOTA Signal】Pullback to Long + 1H Oversold Rebound

$IOTA The 1H timeframe has entered the oversold zone, with the price stabilizing with reduced volume near a key support level. Although the 4H timeframe is in a downtrend, trading volume remains stable without signs of panic selling, suggesting the current decline may be a shakeout rather than a main force distribution. The 1-hour RSI has fallen to 33, indicating a technical rebound is needed. Deep buy orders below are unusually thick in the 0.0626-0.0627 range, forming a natural support zone, making it an excellent entry point.

🎯Direction: Long

⚡Entry/Order: 0.0626 - 0.0627

🛑Stop Loss: 0.0613

🚀Target 1: 0.0656

🚀Target 2: 0.0671

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and lock in profits, while moving the remaining position’s stop loss up to the entry price. If the price fails to break through 0.0643 (1H EMA20) and falls back, consider exiting early.

Order Book Logic: Despite the price decline, trading volume remains stable, and the latest 1-hour candlestick shows buy order ratio rebounding to 61%, indicating funds are accumulating at lower levels. The order book shows concentrated buying strength, with significant resistance above 0.0635. Once this level is broken, the rebound speed may accelerate. Currently, this is a typical oversold bottom-fishing logic with an excellent risk-reward ratio.

View real-time market 👇 $IOTA

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