$IOTA sitting right at the bid zone now..
After the Rebased upgrade in May.. they’ve:
- gone full decentralized
- added MoveVM + EVM
- pushed scalability to 50K+ TPS
- and rolled out 10–15% staking.
- Real upgrades, real infra, real partnerships (BMW, Bosch, EU).
But price is still compressed around $0.17 with not much noise around..
This chart below says it all.. we’re back at most held weekly support. Historically, this zone between $0.145–$0.175 has acted as a strong base.
If this level holds and volume picks up, I’m watching for a rotation toward $0.25–$0.30, maybe higher if momentum shifts
Biggest near-term risk is the August token unlock but if that gets absorbed, I wouldn’t be surprised to see a full reclaim back into the mid-$0.30s.,
Undervalued L1, building for enterprise and IoT. Not a hype play but if the bid zone holds, the risk/reward here is clean.
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