After bouncing off the support initially IOTA met resistance and retreated back to the support around the black horizontal line. This support is being continually tested now and will likely result in a breakout to the downside given the daily hr chart shows room to go lower and the heavy resistance on the upside on IOTA.
However, this is one crypto to watch and may offer an opportunity IOTA at a reduced price when the RSI on the day chart reaches oversold position.