IOTA weekly chart analysis - very important🚨🚨

IOTA weekly chart analysis dear Crypto Nation😎

FIB 78.6% plays a big role for IOTAs price action
💠End of recovery in April 2021
💠Possible bottom after recent downmove

Very important🚨🚨
The POCs of the downmove from ATH and during the recovery were the same at $0.29

Look where price is now👀‼️

bullish scenario🐂🟢
price breaks POC & later trendline resistance at $0.90

bearish scenario🐻🔴
prive loses bottom at $0.135

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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion