<ul><li>IOTA (MIOTA) has seen a notable +7% rally in the past 24 hours, sparking bullish sentiment among traders and investors.</li><li>The breakout above key resistance levels indicates a potential trend reversal, with IOTA price breaching the $0.24 threshold for a bullish trend.</li><li>On the hourly chart, while there has been a slight cooling of momentum, the overall structure remains bullish with strong support at $0.232–$0.235.</li><li>Technical analysis suggests that IOTA could target the $0.27–$0.30 range if it maintains above the 200-day SMA, but a drop below the $0.228 support may indicate a bearish shift.</li></ul>

Buy or Bail? IOTA Flashes Major Bullish Signal

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