【
$IOTA Signal】Hold and Observe — Weak Consolidation in a Downtrend
$IOTA Is in a weak consolidation within a long-term downtrend, with the price suppressed below EMA20 (0.0687), lacking reversal momentum.
🎯 Direction: Hold
Market Analysis: On the 4H timeframe, the price fluctuates narrowly between 0.0660 and 0.0675, but the overall structure remains within a clear downtrend channel. On the daily chart, since the high of 0.1037, a series of lower lows indicates a bearish market structure.
Logical Core: Current data does not support a long position. The funding rate (-0.0487%) is negative, bu