Will IOTA Reach $0.25? Technical Analysis Suggests Potential Surge

IOTA price has recently shown signs of recovery after a prolonged downtrend, currently hovering around $0.2106 on the hourly chart. While buyers have attempted to push prices higher, resistance at the 200-day SMA ($0.2196) is limiting gains. Meanwhile, the daily chart reveals that IOTA is at a critical point where it could either bounce back or decline further towards February lows.