A full round trip for IOST, giving back the entire week's pump in less than 24 hours.
The run from the 0.0007s to the 0.00191 high just got erased on $46M of volume. Price sliced straight through the EMA20 and EMA50, and is now barely holding the 24h low of 0.000910.
This looks like a classic rejection, not a healthy pullback. The breakout has failed, leaving a lot of supply overhead.
Is anyone buying here just providing exit liquidity for trapped longs?
$IOST
New reads post through the day. Follow so you don't miss the next one.
The run from the 0.0007s to the 0.00191 high just got erased on $46M of volume. Price sliced straight through the EMA20 and EMA50, and is now barely holding the 24h low of 0.000910.
This looks like a classic rejection, not a healthy pullback. The breakout has failed, leaving a lot of supply overhead.
Is anyone buying here just providing exit liquidity for trapped longs?
$IOST
New reads post through the day. Follow so you don't miss the next one.