IOTA fell 2.4% on Saturday, trading at $0.08776 as of press time, as declining volume and a bearish technical structure reinforced downside risk. Daily trading volume dropped sharply to $9.45 million, down 35.42% from the previous day, signaling reduced participation from short-term traders.
Over the past seven days, the token has lost 8.65%, remaining below key resistance levels after failing to reclaim last month’s highs.
Analysts warn that price action continues to favor sellers, with liquidity-driven moves likely toward lower support zones if current levels fail to hold. The token’s performance reflects persistent market caution amid broader cryptocurrency volatility.
According to crypto analyst Crypto Patel, the IOTA/USDT pair is interacting with a major sell zone after rejecting last month’s high of around $0.1106. This rejection formed a lower high, confirming a bearish structure characterized by lower highs and lower lows.
Patel highlights a bearish order block above current price levels, indicating institutional selling pressure. Short-term retracements toward this zone are expected but are unlikely to signal a bullish reversal, instead representing liquidity grabs that rebalance market inefficiencies.
Downside targets include $0.076–$0.080 as a near-term liquidity zone. If broken, the next major target is $0.053–$0.050, aligning with higher-timeframe demand zones and prior consolidation. Invalidation occurs above $0.103, emphasizing risk management and early profit-taking for short-biased positions.
Despite technical pressure, IOTA’s underlying fundamentals remain strong. The network is integrated with the Trade Worldwide Information Network (TWIN), a production-grade system operating on the IOTA Mainnet.
TWIN is live in Kenya, initially supporting flower exports, with expansion planned across additional commodities in 2026. In the UK, over 2,000 poultry consignments between Poland and Britain have been recorded on-chain, improving customs and regulatory efficiency.
The IOTA Foundation has outlined plans to connect the $35 trillion global trade economy to public blockchains through regulated and technology-neutral infrastructure. Co-founder Dominik Schiener emphasizes the focus on tokenized assets, digital identities, and data integrity rather than speculative trading.
Additional initiatives, including the ADAPT program in Africa and ongoing negotiations in ASEAN, position IOTA as a growing trade-focused blockchain.
Also Read | IOTA Poised for Breakout? Analysts Eye Powerful Rally to $0.19
Also read: Tax Rules Are the Biggest Hurdle to BTC Payments, Crypto Exec Says