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Summary
• IOTA/Tether consolidates near key support at $0.0833–0.0835 after a sharp late-night sell-off.
• Strong bearish momentum builds with RSI pushing toward oversold territory and MACD diverging downward.
• Volatility surges as
The 24-hour trading session for IOTA/Tether (IOTAUSDT) saw a decline from an open of $0.0844 to a close of $0.0817, with a high of $0.0847 and a low of $0.0812. Total volume reached 2.97 million units, and notional turnover amounted to $241,192.
Structure & Key Levels
IOTAUSDT broke below a key support zone near $0.0833–0.0835, confirmed by a bearish engulfing pattern at the end of the session. The $0.0831 level is now in play as the next potential short-term support. On the upside, $0.0842–0.0844 remains a critical area of resistance.
Moving Averages and Momentum
Price closed below both the 20- and 50-period moving averages on the 5-minute chart, reinforcing the bearish bias. RSI has pushed into oversold territory near 30, suggesting potential for a minor bounce, but the negative MACD divergence indicates further downside is likely.
Volatility and Bollinger Bands

Volume and Turnover Analysis
Volume spiked during the sell-off below $0.0834, confirming bearish conviction. Turnover increased alongside price action, with no significant divergence observed. The largest 5-minute candle (volume: 562k, turnover: $45.9 million) occurred at 16:45 ET, marking the deepest part of the selloff.
Fibonacci Retracements
On the 5-minute chart, price has retraced over 61.8% of the previous bullish move from $0.0812 to $0.0847. On the daily chart, the next Fibonacci level to watch is $0.0829 (38.2% retracement), which may serve as a psychological floor.
The next 24 hours could see IOTAUSDT test key support at $0.0829 and potentially retest $0.0835 if a short-term rebound forms. Investors should be cautious of further downside and prepare for possible consolidation or a new wave of selling pressure if momentum remains bearish.
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