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As long as #IOTA remains below the descending channel, downside pressure is likely to persist, with $0.08–$0.075 acting as the next key demand zone. A bullish scenario would only come into play if price can reclaim the $0.14–$0.15 zone and achieve a strong daily close above the descending channel, which would signal a potential trend reversal.#SpotGoldHitsaNewHigh