$IOST is testing the pullback zone around $0.000784, with the 4h move down 4.7% and RSI at 44. Volume is only 0.6x the 20D average, so this looks more like a cautious support test than a confirmed reversal.
The long idea only gets interesting if buyers reclaim $0.000795–$0.000825. Above that, $0.000870 and $0.000930 become the key recovery checkpoints, while $0.000760 is the level that invalidates the setup. Funding at -0.289% shows shorts are paying, but price still needs confirmation. 👀📊
#IOST $IOST #Crypto #CryptoNews
Inspired by Crypto_Town_JS on Binance Square.
The long idea only gets interesting if buyers reclaim $0.000795–$0.000825. Above that, $0.000870 and $0.000930 become the key recovery checkpoints, while $0.000760 is the level that invalidates the setup. Funding at -0.289% shows shorts are paying, but price still needs confirmation. 👀📊
#IOST $IOST #Crypto #CryptoNews
Inspired by Crypto_Town_JS on Binance Square.
