IAGON (IAGUSD) Price Holds above the $0.351 Supply Level

IAGON (IAGUSD) Price Forecast: February 6

IAGON bulls are back, this time with a bang. The coin price holds above the $0.351 supply mark and may reach the $0.400 supply level soon. The coin market had a strong performance recently as coin buyers showed an impressive interest in the asset. This upward movement aligns with broader cryptocurrency trends, reinforcing positive sentiments in the crypto market. As a result, if buyers can put more effort into their market tension, the trend will shift upward to the $0.400 high value, resulting in a higher profit for the coin holders.

Key Levels:
Resistance Levels: $0.363, $0.364, $0.365
Support Levels: $0.248, $0.247, $0.246

IAG (USD) Long-term Trend: Bullish (Daily Chart)

On higher time frames, the IAGUSD price holds above the $0.351 supply level, following the increase in demand from the bull on the asset. Obviously, prices are trending above the EMA-50, suggesting a bullish trend due to the significant impact of buy investors.
The bulls’ high order flow to a $0.337 resistance level in the last session has contributed to the coin’s strength in its recent high.

Today’s daily chart shows a broader recovery in prices. As the bulls took their stand to continue trending up, the IAGON price jumped to a $0.363 supply level above the EMA-50 at the time of writing this article.

As a result, staying above moving averages indicates a high likelihood of a bullish pattern continuation. Hence, a strong break up above the $0.390 previous high level would amplify the bullish pressure on the crypto.

Meanwhile, the market price of IAGUSD is pointing up on the daily stochastic, implying that the coin price may continue to hold above the supply level. Hence, the expected upside in the coin price could be high at $0.400 value in the days ahead in its long-term outlook.

IAG (USD) Medium-term Trend: Bullish (4H Chart)

The coin price is currently facing overhead resistance and holds above the supply levels in a bullish market in its medium-term outlook.
.351 Supply Level" width="1281" height="496" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/02/IAG-THUR-MDT.png"/> Furthermore, the IAGUSD pair is trending above the 50-day moving average, approaching the upper resistance, suggesting a robust uptrend.

The sustained bullish pressure to a $0.337 high level in the previous action has led to the coin’s recent high.

As the 4-hour chart resumes today, the IAGON price holds above the supply level at $0.363. However, the buy traders could not relent, as they aim to continue trending up and drag the crypto price to a significant level at the upside.

Meanwhile, the bullish correction at the mentioned resistance level indicates that the bulls are planning to move the price of IAGUSD to a high level; the $0.400 supply trend line might be the target in the future as the crypto price holds above the supply levels in its medium-term perspective.

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