- IOTA is facing very strong resistance at $0.245.
- It has created a double-top pattern.
- The price has broken down from an ascending support line.
The IOTA (IOTA) price is trading inside a long-term resistance area, a breakout above which could trigger a rapid increase. However, the price has fallen into a bearish pattern, and technical indicators are showing weakness, making a rejection much more likely. IOTA Faces Resistance The IOTA price is currently trading inside the $0.245 resistance area. This area is extremely important
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