IOTA is currently priced at $0.130137, reflecting a 24-hour decline of 5.36%. The daily trading range has been tight, with a high of $0.137946 and a low of $0.129412, indicating a lack of volatility in the short term.

Trading volume stands at approximately 16.68 million, contributing to a volume-to-market cap ratio of 3.10%. The hourly moving averages are trending downward, with the 8 SMA at $0.1326 (-1.85%), the 13 SMA at $0.1328 (-2.04%), and the 21 SMA at $0.1338 (-2.71%), suggesting bearish momentum.

The 1-hour Relative Strength Index (RSI) is at 40, indicating that IOTA is approaching oversold territory but is not yet there. The 7-day RSI is slightly better at 47, which still reflects weakness, especially considering the 7-day price change of -11.95%.

Over the past 14 and 30 days, IOTA has experienced price changes of -4.86% and -9.08%, respectively, signaling a consistent downtrend. The all-time high of $5.25, reached in December 2017, underscores the significant distance the asset has fallen and the challenges it faces to regain previous highs.

Given the current bearish trends in moving averages and RSI metrics, along with a significant negative price change over various periods, the market sentiment for IOTA is negative. Consequently, I recommend a Sell rating as the technical indicators do not support a bullish reversal in the near term.