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IOTA analysis · Nov 7, 2026 · Downtrend

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at the daily close 03:00 (UTC+3)

Daily close 0.0371 −0.80% on the day

Nov 7, 2026 in one sentence

IOTA closed the day inside the 0.0361–0.0372 zone. A daily close above 0.0372 opens the way to 0.0378–0.0389. A daily close below 0.0361 breaks support, and there is no lower daily level in the current data.

IOTA on Nov 7, 2026: up or down? Two paths from the daily levels · each needs a daily close

Upside path A daily close above the zone top 0.0372 (0.3% above the close) opens the way to 0.0378–0.0389, then the key zone 0.0414–0.0416.
Downside path A daily close below the zone bottom 0.0361 (2.7% below the close) breaks the zone, and there is no lower daily level in the current data.

Not financial advice

IOTA closed at 0.03710, a decrease of 0.80 percent, giving back an early push higher after a heavy week for the market. It now trades inside a tight band between 0.03610 and 0.03720, and the daily, weekly and monthly trends all point down. A daily close above 0.03720 would break the band toward 0.03780–0.03890, while a daily close below 0.03610 would extend the decline toward the weekly floor at 0.03100.

Support and resistance on Nov 7, 2026

  • Zone bottom 0.0361 2.7% below the close
  • Zone top 0.0372 0.3% above the close

The bigger picture

The upper edge of the band is also where the weekly trend broke down, so it is a meaningful ceiling. Price sits far below its long-term average, and the next daily barrier at 0.03780–0.03890 has been tested three times.

What to watch

Momentum reads 31.3, down from 32.7 and close to oversold. Watch the daily close: above 0.03720 reclaims the weekly level; below 0.03610 resumes the slide.

Frequently asked questions

What were the support and resistance levels for IOTA on Nov 7, 2026?

On the daily chart, the nearest support is 0.0361 and the nearest resistance is 0.0372.

Was IOTA up or down on Nov 7, 2026?

IOTA closed the day at 0.0371, −0.80%. The daily trend is down. A daily close beyond 0.0361 or 0.0372 is what would change that picture.

What happens if IOTA closes above 0.0372?

A daily close above the zone top 0.0372 (0.3% above the close) opens the way to 0.0378–0.0389, then the key zone 0.0414–0.0416.

What happens if IOTA closes below 0.0361?

A daily close below the zone bottom 0.0361 (2.7% below the close) breaks the zone, and there is no lower daily level in the current data.

IOTA: technical analysis →