Technical analysis by CRYPTOMOJO_TA about Symbol MIOTA: Buy recommendation (5/4/2024)

In the 4-hour time frame, IOST has broken out of this falling wedge pattern and is currently bouncing after retesting this pattern. If we look at it on a higher time frame like daily, we can see bullish divergences in the RSI. This seems like a solid choice. Its strong tokenomics and competent team make it a promising asset. The chart indicates the potential for significant growth in the next few weeks. Entry: Current Market Price (CMP) and add more up to $0.22 Target: According to the pattern, we can expect up to a 50% to 70% bounce in the price. Remember to do your own research. NFA #Crypto IOTA