$IOTA USDT on the 1D chart still looks weak overall, though the selloff is starting to slow.Price is around 0.0592, sitting just below MA7 at 0.0597, clearly below MA25 at 0.0634, and far below MA99 at 0.0777. That means the broader daily structure remains bearish. The bounce from 0.0561 helped stabilize price, but buyers have not reclaimed any important resistance yet, so this still looks like a pause after downside rather than a confirmed reversal.Immediate support sits around 0.0590–0.0561. Deeper downside risk opens if 0.0561 breaks. On the upside, bulls need to reclaim 0.0597 first, then 0.0609, and more importantly 0.0634. Until that happens, the structure stays cautious and weak on the daily timeframe.#IOTAUSDT #CryptoTrading #BinanceFutures #PriceAction #AltcoinAnalysis

IOTAUSDT

Perp

0.0534

-2.90%