- IOTA was seen holding chunky gains of over 6% in the latter stages of trading on Monday.
- IOTA/USD being supported firmly in its move north, tracking ascending trend line.
IOTA/USD 4-hour chart
Spot rate: 0.6093
Relative change: +6.12%
High: 0.6033
Low: 0.5588
Trend: Bullish
Resistance 1: 0.6333, today’s (Monday) high.
Resistance 2: 0.6454, consolidation area 9-10 August.
Resistance 3: 0.6600, supply zone.
Support 1: 0.6037, (support on 4-hour chart).
Support 2: 0.6001, ascending trend line.
Support 3: 0.5792, 27th Aug.
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