IOTA dead or will the Jaguar (Land Rover) roar back to life?

IOTA eyes 2x gains with potentially more to follow.

Technicals

• IOTA down 90% + in brutal bear market.
  
• USD chart looks to be in deep accumulation range $0.2 - $0.4.
  
• BTC chart is super oversold on the weekly with bullish divergence on the daily RSI.
  

Fundamentals

• Directed Acyclic Graph (DAG) technology is a big differentiator in a crowded space.
  
• Internet of Things (IOT) space set for huge growth.
  

IOTA had a lot of hype 2 years ago and rose to great heights in flurry speculation.
Since falling it seems to have found a base vs USD and is ranging in a ranging zone.

Expecting a bounce, if IOTA is able to blast through all major daily moving averages it should reach around 8000 sats / 52.5 cents for up to 100% gains.
If the crypto market remains bullish continuation would target 13000 sats / $1.

Possible plays:
1. Buy in the accumulation zone (aggressive)
2. Buy a daily close above $0.325 (200d EMA) (moderate)
3. Buy a breakout on decent volume of the accumulation zone at $0.40 (conservative)