🚨 Massive price explosion for coin $IOST .. Is it time to take a SHORT position before it’s too late? 📉⚡️
🔍 Why is a decline imminent, and why are we choosing a SHORT position?
🔴 Vertical surge gap: The sharp rise created a wide gap between the price and its moving average, MA25 (at $0.0012907), and market gravity will drive a correction to fill the gap.
🔴 Whale sell-off: The price’s inability to hold above the peak, along with the formation of bearish candle wicks, confirms that profit-taking has begun.
🎯 Professional SHORT trade roadmap:
🔴 Trade type: Sell / SHORT
📍 Entry zone: Between $0.0016200 and $0.0017500
🎯 First target (TP1): $0.0014500
🎯 Second target (TP2): $0.0012900 (gap fill and retest of the MA25 average)
🛑 Stop loss (SL): $0.0018500
#IOSTUSD
$IOST
🔍 Why is a decline imminent, and why are we choosing a SHORT position?
🔴 Vertical surge gap: The sharp rise created a wide gap between the price and its moving average, MA25 (at $0.0012907), and market gravity will drive a correction to fill the gap.
🔴 Whale sell-off: The price’s inability to hold above the peak, along with the formation of bearish candle wicks, confirms that profit-taking has begun.
🎯 Professional SHORT trade roadmap:
🔴 Trade type: Sell / SHORT
📍 Entry zone: Between $0.0016200 and $0.0017500
🎯 First target (TP1): $0.0014500
🎯 Second target (TP2): $0.0012900 (gap fill and retest of the MA25 average)
🛑 Stop loss (SL): $0.0018500
#IOSTUSD
$IOST
